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💰 MoneyJuly 7, 2026

Nscale taps lenders for $900m to fuel AI data centre splurge

British data centre builder Nscale has landed a $900m (£673m) credit line from some of Wall Street’s biggest banks to fuel its global expansion, even as investors increasingly scrutinise the sector’s breakneck spending. The London-headquartered company said the financing will support the construction of new AI data centres across Europe, the US and Asia-Pacific as [...]

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Source

https://www.cityam.com/nscale-taps-lenders-for-900m-to-fuel-ai-data-centre-splurge/