StockNews.AI
NVDA
CNBC
21 hrs

AI startup Nscale came out of nowhere and is blowing away Nvidia CEO Jensen Huang

1. Nscale secures $700 million in funding from Nvidia for AI infrastructure. 2. Signed a $6.2 billion deal with Microsoft for hyperscale AI in Norway. 3. Targets 100,000 Nvidia GPUs for a data center in Europe by 2027. 4. Nvidia invests £500 million in Nscale for UK AI infrastructure expansion. 5. Nscale aims to deploy 350,000 GPUs by the end of 2027.

11m saved
Insight
Article

FAQ

Why Bullish?

Nvidia's significant investment in Nscale indicates strong confidence in future AI demand.

How important is it?

The multi-billion dollar partnerships and GPU deployments highlight Nvidia's leading role in ongoing AI developments.

Why Long Term?

Growth in AI infrastructure and deployments may drive sustainable demand for Nvidia GPUs in the future.

Related Companies

Related News