Nscale, the fast-rising private AI data centre company, has closed a US$900 million revolving credit facility to accelerate its ambitious global infrastructure build-out across the United States, Europe, and Asia-Pacific regions.
The facility, syndicated among a group of leading global financial institutions including J.P. Morgan, Goldman Sachs, Morgan Stanley, Deutsche Bank, and others, provides the company with flexible liquidity to support capital deployment and rapid scaling of its AI infrastructure.
Nscale CEO and founder Josh Payne described the deal as a strong vote of confidence in the company’s strategy.
“The closing of this revolving credit facility with key global investment banks reflects real institutional confidence in our platform, capital structure and team,” Payne said.
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“We are building the infrastructure that the world’s largest technology companies depend on to train, deploy and scale AI, and this facility increases our flexibility to do that at speed and at scale.”
Rapid Rise in the AI Infrastructure Boom
Since its launch in 2024, Nscale has experienced meteoric growth. The company is reportedly valued at approximately $15 billion and has become one of the most sought-after players in the AI data centre space.
In March this year, it raised $2 billion in Series C funding to expand its global footprint and strengthen its engineering and operations teams. That same month, former UK Deputy Prime Minister and ex-Meta executive Sir Nick Clegg joined the company’s board, bolstering its strategic positioning, particularly in the United Kingdom.
The latest credit facility underscores strong market appetite for high-quality AI infrastructure providers as demand for computing power continues to surge worldwide.
