UK’s Nscale inks $14B GPU deployment pact with Microsoft ahead of IPO

U.K. AI infrastructure startup Nscale has signed a GPU deployment deal with Microsoft worth up to $14 billion. Under the agreement, Nscale will install ~116,600 Nvidia GPUs in its data centers in Texas and Portugal over 12–18 months. This deal bolsters Nscale’s trajectory toward an IPO by late 2026. The contract adds credibility to its scale plans and valuation following a recent $1.5 billion funding round. Observers see the deal as a major signal for AI infrastructure investing.