NScale Lands $900 Million Credit Facility for Global AI Infrastructure Push

Nscale, a full-stack artificial intelligence cloud platform, has closed a $900 million revolving credit facility to accelerate its AI data center build-out and capital deployment across the United States, Europe and the Asia-Pacific region.

The facility was syndicated across a group of financial institutions, including J.P. Morgan, Goldman Sachs, Morgan Stanley, MUFG, RBC Capital Markets, Bank of America, Crédit Agricole CIB, Deutsche Bank, Mizuho, SMBC, TD Securities and KeyBank N.A., the company said in a Tuesday (July 7) press release.

“The closing of this revolving credit facility with key global investment banks reflects real institutional confidence in our platform, capital structure and team,” Nscale CEO and Founder Josh Payne said in the release. “We are building the infrastructure that the world’s largest technology companies depend on to train, deploy and scale AI, and this facility increases our flexibility to do that at speed and at scale.”

Nscale’s AI cloud platform includes software, compute and power, and it is used by enterprises, governments and communities, per the release.

The company announced in a May 11 press release that it secured an additional $790 million in financing to support the continued development of an AI data center in Narvik, Norway, which it described as the largest AI infrastructure investment in the country.

PYMNTS reported in March that Nscale is among a new wave of AI startups that are focusing on the infrastructure that helps enterprises run AI across everyday workflows.

At that time, Nscale said it raised $2 billion in a Series C round to expand its data center and GPU capacity.

The report said that as demand for AI infrastructure continues to surge, companies like Nscale are emerging as a new generation of cloud platforms designed for AI workloads rather than general-purpose computing.

Payne said in a March press release announcing the Series C round that “over the next five years, artificial intelligence will be integrated into every industry, every product, and every job” and that “this is leading to the largest infrastructure buildout in human history.”

Earlier, Nscale secured $433 million in Pre-Series C SAFE financing in October 2025, $1.1 billion in Series B financing in September 2025, and $155 million in Series A funding in December 2024.