Nscale Secures $3 Billion Financing for AI Data Centers in Texas and North Carolina
Nscale, a company focused on hyperscale data centers for AI, has closed approximately $3 billion in financing across two senior secured term loan facilities. The funds are earmarked for AI deployments in Ward County, Texas, and Madison County, North Carolina.
Nscale announced on August 31, 2026, the closure of approximately $3 billion in aggregate commitments across two senior secured delayed draw term loan facilities. These facilities are intended to finance the development and construction of two large-scale data center campuses.
The financing is designated for Nscale's artificial intelligence (AI) deployments located in Ward County, Texas, and Madison County, North Carolina. The company aims to engineer hyperscale data center infrastructure specifically tailored for the demands of AI workloads.
Nscale stated that it has achieved investment grade ratings on both facilities. The specific terms and lenders involved in the financing were not immediately disclosed. This funding round is expected to support Nscale's expansion plans in key geographical areas for data infrastructure.
The company focuses on building data centers designed to meet the significant power and connectivity requirements of advanced AI applications. The scale of this financing indicates a substantial investment in scaling AI infrastructure capabilities.