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Nscale secures $3.36B to expand AI cloud services

Nscale, a UK-based tech company, just locked in $3.36 billion in pre-IPO funding. The goal: speed up expansion of its full-stack AI cloud platform. It's the standout round among over 70 European tech deals totaling €3.9 billion this week, and one of Europe’s biggest recent pre-IPO financings. Nscale is betting big on building out the infrastructure needed to support large-scale AI deployments.

Why it mattersNscale’s huge fundraise highlights strong investor appetite for AI infrastructure in Europe. As more companies build next-generation AI services, reliable cloud platforms will be crucial for competitiveness.

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