Ahead of US IPO, British AI neocloud Nscale secures $3.36B in convertible finacing

British neocloud Nscale secured $3.36 billion in convertible financing, including $2.36 billion from Third Point and $1 billion from Nvidia. The company, which filed for a $35 billion NYSE IPO, holds over $103 billion in contracts. Nscale is currently constructing large-scale AI data center campuses in Norway and West Virginia to support its infrastructure expansion.