UK data centre startup Nscale is eyeing an IPO in 2026 as it inks a new $14bn deal to supply Microsoft with Nvidia chips.
News
October 15, 2025
Nscale targets 2026 IPO after signing $14bn Microsoft deal
The UK-based startup has secured $1.5bn in funding over the past few weeks
2 min read
Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

Sifted Daily newsletter
Stay one step ahead with news and experts analysis on what’s happening across startup Europe.
Recommended
What it actually takes to scale AI in Europe: ‘The best founders aren’t building for the next funding round’
As the European AI market moves past its honeymoon phase, what does it take to build a durable, capital-efficient business?
‘Owning and controlling the entire AI stack is essential’: Europe is doubling down on its own AI infrastructure
Driven by the need for sovereignty, European countries are investing in homegrown data centers, computing hardware and foundation models to break reliance on foreign tech giants
UnlikelyAI loses senior staff amid widening losses, strategic shakeup
Implied valuation of startup founded by Alexa co-creator fell significantly, company filings suggest


