Sandberg, Clegg join Nscale board as this ‘Stargate Norway’ startup hits $14.6B valuation

image via TechCrunch

March 9, 2026, 3:09 PM

• •Nscale's valuation is now $14.6 billion.
• •The company's Series C round raised $2 billion.
• •Nscale plans to expand its AI infrastructure globally.
• •Former Meta COO Sheryl Sandberg is joining the board.
• •Nscale is exploring an IPO.

Nscale, the Nvidia-backed AI infrastructure company, has reached a valuation of $14.6 billion after a $2 billion Series C funding round, making it one of Europe's top decacorns. The company, focused on vertical integration, plans to expand its AI infrastructure across multiple continents and is considering an IPO as early as this year. Nscale's board will be joined by prominent figures including Sheryl Sandberg and Nick Clegg. The company has also announced a partnership with Microsoft to deploy approximately 200,000 Nvidia GPUs across multiple data centers.

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