London-based AI hyperscaler Nscale has secured a $900m (£672.3m) revolving credit facility from a syndicate of major investment banks to accelerate its global infrastructure expansion.
The debt facility, backed by financial giants including J.P. Morgan, Goldman Sachs, and Morgan Stanley, provides Nscale with flexible liquidity.
Unlike a standard lump-sum loan, the revolving structure allows the firm to draw down, repay, and redraw capital as needed, optimising cash flow during large-scale construction.
Nscale will deploy the funds to build out its specialised AI data centres and capital infrastructure across the US, Europe, and the APAC region.
The company operates as a full-stack AI platform, vertically integrating hardware, low-cost power, and software to help tech companies scale heavy AI training and inference workloads.
The funding marks yet another milestone in Nscale’s meteoric rise, reflecting the booming investor appetite for physical AI infrastructure.
Nscale secured a record $1.1bn Series B funding round in September last year, shortly after it opened its first physical London office.
The group went on to raise billions more in its 2026 Series C round and secured an investment of over half a billion pounds just two months later.
“The closing of this revolving credit facility with key global investment banks reflects real institutional confidence in our platform, capital structure, and team,” said Josh Payne, chief executive of Nscale.
“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.”
