Nvidia announces $683 million in Nscale, which is a spin-off for crypto mining companies
Source: ChainCatcher
Time: 2025-09-18 06:38:15
According to ChainCatcher, Nvidia announced a $683 million investment in Nscale, a British artificial intelligence infrastructure company, which was spin-off from a cryptocurrency miner in 2024, according to Bloomberg.
Nvidia CEO Jensen Huang said that investment in Nscale, an artificial intelligence unit of cryptocurrency mining company Arkon Energy, is an important measure to promote the construction of artificial intelligence infrastructure in the UK. Nscale was spun off from Arkon in May 2024 to provide AI cloud services throughout Europe.