TechFlam — AI infrastructure startup Nscale has disclosed that it has secured nearly $4 billion in total funding, with its latest $2 billion Series C round bringing its valuation to $14.6 billion. Originally spun off from cryptocurrency mining company Arkon Energy, Nscale now focuses on building and operating AI data centers while leasing computing resources to enterprises. Its investors include tech firms such as Nvidia, Dell, and Nokia. Since 2026, Nscale has also obtained $1.4 billion in GPU-backed loans and $790 million in credit facilities to support its AI infrastructure expansion plans. The company previously participated in OpenAI’s “Stargate” infrastructure project, deploying AI computing facilities in the UK and Norway. However, as OpenAI adjusted its plans, some of those projects have since been taken over by Microsoft and Google.