AI > Crypto - Bitcoin mining spinoff gets $700 million investment from Nvidia to build hyperscale AI infrastructure using, you've guessed it, thousands of Blackwell GPUs (www.techradar.com)

Nvidia is investing $700 million in London‑based Nscale — a crypto‑miner spinoff — to accelerate hyperscale AI data centers in a partnership with Microsoft and OpenAI. The consortium pledges up to 58,640 Nvidia GPUs across the UK (with global scale potential to 300,000), and will build the UK’s largest AI supercomputer at Nscale’s Loughton campus: an initial 50MW facility (scalable to 90MW) that will house 23,040 GB300 (Blackwell) GPUs by 2027. Separately, Nscale, OpenAI and Nvidia are launching “Stargate UK,” an infrastructure platform for sovereign AI workloads; OpenAI plans an initial deployment of ~8,000 GPUs in early 2025 with capacity to grow to ~31,000. For the AI/ML community this is a major onshore expansion of high-density Blackwell compute — enabling large‑scale training and latency‑sensitive inference in the UK and lowering reliance on overseas cloud pockets. The project signals deep US–UK tech collaboration, targeted capacity for startups and research, and substantial demand for power and networking (tens of MWs of sustained GPU draw). Practically, it increases access to state‑of‑the‑art GPU clusters for model development, raises questions about energy and supply‑chain concentration, and reshapes regional cloud competition by providing sovereign, high‑performance compute for enterprise and scientific AI workloads.