Nscale

Nscale, spun out of Arkon Energy on November 09, 2018, officially launched and incorporated on May 29, 2024, is a London-based AI hyperscaler specializing in high-performance computing infrastructure for generative artificial intelligence (AI). Originally leveraging Arkon's 300MW data center portfolio, including a 60MW facility in Glomfjord, Norway, Nscale has pivoted to provide GPU-as-a-Service (GPUaaS), positioning itself as a niche alternative to major cloud providers like AWS, Google, and Microsoft. The company operates sustainable data centers powered by 100% renewable energy, with facilities in Norway and planned expansions across Europe and North America. Strategic partnerships with Nokia, Lenovo, and AMD, along with the acquisition of Kontena in 2025, enhance its infrastructure capabilities, while collaborations like Open Innovation AI target deploying 30,000 GPUs over three years.

Business/Product Breakdown

Nscale provides a fully integrated AI cloud platform delivering scalable, cost-effective GPU compute for AI training, fine-tuning, and inference. Its core offering, GPUaaS, supports large-scale GPU clusters tailored to enterprise and hyperscaler needs, enabling applications in education, healthcare, finance, and more. The platform includes serverless inference, allowing seamless, pay-as-you-go AI model deployment with access to models like Meta's Llama and DeepSeek via OpenAI-compatible APIs. Nscale's marketplace offers AI/ML tools, Slurm and Kubernetes orchestration, and multi-tenant security for efficient model development. Data centers, such as the 60MW Glomfjord facility (formerly Arkon's) and a new 50MW-90MW site in Loughton, UK, utilize advanced liquid cooling and renewable energy for sustainability. Nscale's network, built with Nokia's Ethernet-based fabric, ensures low-latency, high-performance connectivity, avoiding Nvidia's InfiniBand to prioritize open standards. The company also launched a public cloud service in Q1 2025. Revenue is driven by GPU compute subscriptions, infrastructure services, and enterprise contracts, with anchor tenants securing capacity.