Nscale Closes $3 Billion Debt for US GPU Campuses
Nscale secured the funds to build GPU campuses in Texas and North Carolina.
TLDR
Tech Funding News reported that Nscale closed roughly $3 billion in investment-grade debt. The package funds two GPU campuses in the US, specifically in Texas and North Carolina, to support AI infrastructure. The debt is split across two senior secured delayed-draw term loan facilities that provide up to $1.85 billion. The announcement appeared in a post from @TFNBreakingNews that linked to the Tech Funding News article detailing the transaction.
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