Trending Now - Nvidia's Chip Partnerships Fuel AI Startup Growth and Innovation

WHO:

Mira Murati, CEO of Thinking Machines, announced a multibillion-dollar chip deal with Nvidia.

Nscale, a British AI infrastructure startup

Nvidia, Aker ASA, 8090 Industries, Astra Capital Management, Citadel, Dell, Jane Street, Lenovo, Linden Advisors, Nokia, Point72, investors in Nscale's funding round

Sheryl Sandberg, former COO of Meta; Nick Clegg, former UK Deputy Prime Minister and Meta executive; Susan Decker, former President of Yahoo, new directors on Nscale's board

Josh Payne, CEO and founder of Nscale

WHAT:

Thinking Machines has secured a multi-year deal involving at least a gigawatt of compute power from Nvidia.

Nscale has raised another $2 billion in funding, maintaining a valuation of $14.6 billion.

Nscale's Series C funding round was led by Aker ASA and 8090 Industries, with participation from Nvidia and other investors.

Nscale's CEO Josh Payne stated, "We are building this foundation that the market sits on, the engine of superintelligence," in reference to the AI infrastructure boom.

Nscale's partnership with Microsoft was reported to net the company $14 billion, a figure first reported by the Financial Times and verified by CNBC.

Nscale's Series C funding round was announced on March 9th, 2026, and included participation from Nvidia, Aker ASA, and 8090 Industries.

Nscale's CEO Josh Payne stated, "We are building this foundation that the market sits on, the engine of superintelligence," in reference to the AI infrastructure boom.

Nscale's fresh funds include a $433 million pre-Series C SAFE round in October 2025.

Nscale announced an "expanded partnership" with Microsoft in October 2025, netting the company $14 billion.

Nscale raised another $2 billion in a Series C funding round, maintaining a valuation of $14.6 billion.

Nscale's CEO Josh Payne stated, "We are building this foundation that the market sits on, the engine of superintelligence," in reference to the AI infrastructure boom.

Nscale's partnership with Microsoft was reported to net the company $14 billion, a figure first reported by the Financial Times and verified by CNBC.

Nscale is eyeing an initial public offering, confirmed to CNBC in October 2025.

Nscale's CEO Josh Payne stated, "We are building this foundation that the market sits on, the engine of superintelligence."

Nscale raised $2 billion in a Series C funding round

Nscale's valuation reached $14.6 billion

Nscale announced a $1.4 billion delayed draw term loan in February 2026

Nscale announced a $1.1 billion Series B funding in September 2025

Nscale's fresh funds include a $433 million pre-Series C SAFE round in October 2025

Nscale is developing vertically integrated AI infrastructure, including GPU compute, networking, data services, and orchestration software

WHERE:

Nscale operates data centers in the U.K., U.S., Norway, Portugal, and Iceland

Nscale's partnership with Microsoft was reported to net $14 billion

WHEN:

The deal between Thinking Machines and Nvidia was reported on March 10th, 2026.

The Series C funding round was announced on March 9th, 2026.

Nscale was founded in 2024

The Series C funding round was announced on March 9th, 2026

The partnership with Microsoft was announced in October 2025

The partnership with OpenAI to launch a Stargate-branded AI data center in Norway occurred over the summer of 2025

WHY:

The AI boom is "leading to the largest infrastructure buildout in human history," according to Josh Payne, CEO of Nscale.

The AI boom is "leading to the largest infrastructure buildout in human history," according to Josh Payne.

The AI boom is leading to the largest infrastructure buildout in human history, according to Josh Payne

Nscale aims to accelerate the development of AI infrastructure across Europe, North America, and Asia

HOW:

Nscale is developing vertically integrated AI infrastructure, including GPU compute, networking, data services, and orchestration software.

The Series C funding round was led by Aker ASA and 8090 Industries, with participation from Nvidia and other investors.

Nscale's Series C funding round was led by Aker ASA and 8090 Industries, with participation from Nvidia and other investors.

Nscale's funding was led by Aker ASA and 8090 Industries, with participation from various investors

(UPDATED March 10, 2026 23:03 UTC)

In a significant development, Mira Murati, CEO of Thinking Machines, announced a multibillion-dollar chip deal with Nvidia. This multi-year agreement will provide Thinking Machines with at least a gigawatt of compute power from Nvidia. The announcement was made today, March 10, 2026, at 23:03 UTC.

(UPDATED March 10, 2026 19:17 UTC)

Nscale has successfully raised an impressive $2 billion in its Series C funding round, maintaining a valuation of $14.6 billion, with Aker ASA and 8090 Industries leading the investment alongside Nvidia and other backers. The company's CEO, Josh Payne, emphasized their mission to create the foundational infrastructure for superintelligence, which is a key focus in the booming AI market. Additionally, Nscale's partnership with Microsoft is reported to have generated $14 billion, further solidifying its position in the industry.

(UPDATED March 10, 2026 17:16 UTC)

Nscale announced its Series C funding round on March 9, 2026, with significant participation from Nvidia, Aker ASA, and 8090 Industries. CEO Josh Payne emphasized the importance of this investment, stating that they are laying the groundwork for the AI infrastructure boom, which he believes is driving the largest infrastructure buildout in human history. This new funding follows a $433 million pre-Series C SAFE round from October 2025 and an expanded partnership with Microsoft that brought in $14 billion.

(UPDATED March 10, 2026 11:10 UTC)

Nscale has successfully raised an impressive $2 billion in a Series C funding round, keeping its valuation steady at $14.6 billion. CEO Josh Payne highlighted the company's role in the AI infrastructure boom, stating they are building the foundation for what he calls the "engine of superintelligence." Additionally, Nscale's partnership with Microsoft has reportedly brought in $14 billion, a figure that was first reported by the Financial Times and later confirmed by CNBC.

(UPDATED March 10, 2026 03:39 UTC)

Nscale is preparing for an initial public offering, a move confirmed to CNBC by CEO Josh Payne, who emphasized that the company is creating the foundation for what he calls the engine of superintelligence. Payne also noted that the current AI boom is driving the largest infrastructure buildout in human history. Their recent Series C funding round was led by Aker ASA and 8090 Industries, with additional support from Nvidia and other investors.

(UPDATED March 10, 2026 01:25 UTC)

Nscale, a British AI infrastructure startup, has successfully raised $2 billion in a Series C funding round, bringing its valuation to an impressive $14.6 billion. The funding was led by Aker ASA and 8090 Industries, with notable participation from investors like Nvidia and Dell, while the company continues to expand its operations across data centers in the U.K., U.S., Norway, Portugal, and Iceland. Nscale, founded in 2024, aims to accelerate AI infrastructure development globally, and recently announced a significant partnership with Microsoft that is expected to net $14 billion.