
Nscale secures $3.36bn to expand AI data centre footprint globally
The infrastructure company has closed a major funding round led by Third Point, with backing from Nvidia and a constellation of heavyweight investors betting on AI compute capacity.
Telecom, cloud, chips and the money behind Europe's connectivity and compute.

The infrastructure company has closed a major funding round led by Third Point, with backing from Nvidia and a constellation of heavyweight investors betting on AI compute capacity.

The tech giant plans major infrastructure spending across Gulf states, with additional investment in subsea connectivity and a focus on water stewardship and clean energy.

The telecom giant has committed to a three-year partnership with conversational AI firm Sierra, rolling out natural language agents across its European operations.

Prague-based content delivery network CDN77 has taken external investment for the first time, with CVC Capital Partners acquiring a minority stake that values the bootstrapped company at approximately €1.7 billion.

The operator has secured a major bank financing package to expand its portfolio across the UK and Europe, with nearly half earmarked for green capital projects.

The Spanish telecom operator has consolidated its growing hardware business into a standalone division, appointing Alberto Ruano from Lenovo to steer the operation as device sales surge.

As artificial intelligence drives new demands on data centres and edge computing, Nokia's UK leadership argues the real opportunity lies in the connectivity and distributed infrastructure needed to support an emerging 'AI grid' across the country.

The two companies have successfully trialled real-time noise cancellation and live language translation delivered directly through the mobile network, without requiring users to download apps or buy new handsets.