Nscale Adds Ex-Meta Leaders to Board

Nscale, a UK-based neocloud with datacenters across Europe and the US, appointed former Meta executives Nick Clegg and Sheryl Sandberg and ex-Yahoo president Susan Decker to its board and closed a Series C that raised $2 billion. The round, led by Aker ASA and 8090 Industries, values Nscale at $14.6 billion and includes Dell, Lenovo, and Nvidia; Nscale also absorbed the Aker-Nscale JV to expand GPU capacity.