Source: Business Insider
Summary
Nscale, a British AI infrastructure startup backed by Nvidia, has secured an additional $2 billion in funding. This investment brings the company’s total funding to date. Nscale aims to provide AI infrastructure solutions for businesses. The funding round was led by existing investors, with Nvidia being one of the key backers.
Our Reading
The launch follows a familiar script.
Nscale raises $2 billion to fuel its AI infrastructure ambitions. Another massive investment in AI, because that’s exactly what the world needs. Nvidia’s backing is no surprise, given their vested interest in AI dominance. Nscale promises to “democratize” AI, because that’s exactly what every AI startup claims. This is just another drop in the ocean of AI hype.
Author: Evan Null
