Nscale inks massive AI infrastructure deal with Microsoft

Core Insights - Nscale has signed a significant deal with Microsoft to supply approximately 200,000 Nvidia GB300 GPUs to multiple data centers in Europe and the U.S. [1] - The deal includes a joint venture with investment company Aker, which is one of Nscale's investors [1]. Group 1: Deal Details - About 104,000 GPUs will be delivered to a data center in Texas leased by Ionic Digital over the next 12 to 18 months [2]. - Nscale plans to expand its capacity at this Texas location to 1.2 gigawatts [2]. - An additional 12,600 GPUs will be deployed to the Start Campus data center in Sines, Portugal, starting in Q1 2026 [2]. Group 2: Future Plans - Nscale will send 23,000 GPUs to its Loughton, England campus starting in 2027 [3]. - The remaining 52,000 GPUs will be sent to Microsoft's AI campus in Narvik, Norway [3]. Group 3: Company Positioning - Nscale's CEO, Josh Payne, emphasized the company's capability to deliver GPU deployments at a large scale, positioning Nscale as a preferred partner for major technology leaders [4]. - Since its founding in 2024, Nscale has raised over $1.7 billion from strategic partners, including Aker, Nokia, and Nvidia [6]. - The company is considering an IPO as early as the end of next year [6]. Group 4: Industry Context - The demand for GPU deals is increasing, as evidenced by OpenAI's recent purchase of six gigawatts worth of chips from AMD and a deal with Nvidia for up to $100 billion in exchange for 10 gigawatts worth of chips [8].