UK-based AI infrastructure company Nscale announced it has signed a $1.4 billion GPU-collateralized deferred drawdown term loan led by investors including PIMCO, Blue Owl Capital, and LuminArx Capital Management. The funding will be used to purchase Nvidia GPUs and support the company’s large-scale AI infrastructure deployments in European markets such as Norway, Portugal, Iceland, and the UK.
Nscale announced that it has signed a $1.4 billion GPU-collateralized deferred drawdown term loan.
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