Nscale, a UK company vital to the government’s AI ambitions, has raised $2bn (£1.5bn) in a funding round and appointed the former Meta executives Sheryl Sandberg and Nick Clegg to its board of directors.
It brings the valuation of the London-based startup, which is backed by the US tech company Nvidia, to $14.6bn, it said in a statement, and follows a $1.1bn funding round the company raised last September.
