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Nvidia announced an investment of $683 million in Nscale, which is a spinoff company of an encryption mining enterprise.
ChainCatcher news, according to Bloomberg, Nvidia announced an investment of $683 million in a UK artificial intelligence infrastructure company Nscale, which was spun off from a Crypto Assets miner in 2024. NVIDIA CEO Jensen Huang stated that the investment in the artificial intelligence division Nscale of the cryptocurrency mining company Arkon Energy is an important initiative to promote the construction of artificial intelligence infrastructure in the UK. Nscale was spun off from Arkon in May 2024, aiming to provide artificial intelligence cloud services across Europe.