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deep tech TNW May 12, 2026

Nscale secures $790m financing for Narvik AI data centre

Nscale secures $790m financing for Narvik AI data centre
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Nscale, the vertically integrated AI-infrastructure company, has secured an additional $790m of debt financing to continue building out its AI data centre in Narvik, northern Norway, the company said on Monday. The committed facility was provided by ABN AMRO, DNB, Eksfin (Export Finance Norway) and Nordea, with Skandinaviska Enskilda Banken (SEB) acting as Mandated Lead […] This story continues at The Next Web

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