Nscale raises £122m to meet soaring demand for AI

Quick Summary:

The private cloud platform is designed to support the entire generative AI lifecycle, enabling developers to run and train AI models.

Nscale’s platform provides bare metal and virtualised GPU nodes, Kubernetes-native services (NKS), AI workload scheduling powered by SLURM, and advanced serverless and dedicated inferencing options.

Sandton Capital Partners led the oversubscribed funding round to accelerate Nscale’s hyperscale growth across Europe and North America.

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Article Details

Author / Journalist: Jonathan Symcox

Category: InvestingBusiness

Markets: United Kingdom

Topics: Customers Capital Funding Platform Services Data Nscale Cloud Scale Infrastructure Firm

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 08:23:11 (2 days ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 464 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 24317099

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About BusinessCloud

Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Year Established: 2016

Headquarters: United Kingdom

News Last Updated: 1 days ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #61

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