Nscale, a UK-based hyperscaler, has announced a $2 billion Series C funding round, reaching a valuation of $14.6 billion. This new round brings the total capital raised by the company in less than six months to over $4.5 billion.

Focus on AI Inference

Nscale aims to use the new funds to expand its infrastructure, with a particular focus on inference workloads for artificial intelligence. Although the source does not specify details about the hardware used, it is safe to assume that the company is investing in the latest generation GPUs to support the growing computational needs of large language models (LLMs).

The on-premise market

An interesting aspect is Nscale's focus on the on-premise market. Many companies, for reasons of data sovereignty, regulatory compliance, or simply for better cost control, prefer to run AI model inference within their own infrastructure. For those evaluating on-premise deployments, there are significant trade-offs to consider, and AI-RADAR offers analytical frameworks on /llm-onpremise to evaluate these aspects.

In a market dominated by large cloud providers, Nscale is positioning itself as an alternative for companies that want to maintain control over their data and AI infrastructure.