AI Fund Flows

Nvidia → Nscale: $1B investment

Nvidia puts $1 billion into Nscale's pre-IPO round. Nvidia commits $1 billion in convertible notes in Nscale's $3.36 billion pre-IPO round; Nscale leases capacity to Microsoft and Anthropic.

This deal is 1% of everything Nvidia pays and 1% of everything Nscale receives in this database.

Date
Sep 25, 2026
Paid by
Nvidia
Received by
🇬🇧 Nscale
Type
Investment
Amount
$1B
Status
announced
Note
Nvidia tranche expected mid-November

Sources

All deals between Nvidia and Nscale

More Nvidia / Nscale deals

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