UK AI Powerhouse Nscale Raises $2B, Appoints Sandberg and Clegg

Nscale, a vital player in the UK government's artificial intelligence (AI) strategy, has just raised a staggering $2 billion in a new funding round. The London-based startup, backed by tech giant Nvidia, is now valued at a remarkable $14.6 billion.

This latest capital infusion comes on the heels of a $1.1 billion funding round the company secured last September. In a move that further underscores Nscale's growing prominence, the company has also appointed former Meta executives Sheryl Sandberg and Nick Clegg to its board of directors.