---
title: "British AI datacentre firm Nscale raises $2bn as Sheryl Sandberg and Nick Clegg join board"
slug: "british-ai-datacentre-firm-nscale-raises-2bn-as-sheryl-sandberg-and-nick-clegg-join-board"
date: 2026-03-09
category: tech-pub
tags: [meta, nvidia]
language: en
sources_count: 2
featured: false
publisher: AInauten News
url: https://news.ainauten.com/en/story/british-ai-datacentre-firm-nscale-raises-2bn-as-sheryl-sandberg-and-nick-clegg-join-board
---

# British AI datacentre firm Nscale raises $2bn as Sheryl Sandberg and Nick Clegg join board

**Published**: 2026-03-09 | **Category**: tech-pub | **Sources**: 2

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## TL;DR

London-based startup, which is vital to the government’s artificial intelligence ambitions, is now valued at $14.6bn UK’s multibillion AI drive is built on ‘phantom investments’ The Essex supercomputer that’s still a scaffolding yard Business live – latest updates Nscale, a UK company vital to the government’s AI ambitions, has raised $2bn (£1.5bn) in a funding round and appointed the former Meta executives Sheryl Sandberg and Nick Clegg to its board of directors.

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## Summary

London-based startup, which is vital to the government’s artificial intelligence ambitions, is now valued at $14.6bn UK’s multibillion AI drive is built on ‘phantom investments’ The Essex supercomputer that’s still a scaffolding yard Business live – latest updates Nscale, a UK company vital to the government’s AI ambitions, has raised $2bn (£1.5bn) in a funding round and appointed the former Meta executives Sheryl Sandberg and Nick Clegg to its board of directors. It brings the valuation of the London-based startup, which is backed by the US tech company Nvidia, to $14.6bn, it said in a statement, and follows a $1.1bn funding round the company raised last September. Continue reading...

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## Why it matters

It brings the valuation of the London-based startup, which is backed by the US tech company Nvidia, to $14.6bn, it said in a statement, and follows a $1.1bn funding round the company raised last September.

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## Key Points

- It brings the valuation of the London-based startup, which is backed by the US tech company Nvidia, to $14.6bn, it said in a statement, and follows a $1.1bn funding round the company raised last September.

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## Nauti's Take

Sandberg and Clegg on the board? The UK government's AI crown jewel just became a Silicon Valley reunion show. A $14.6bn valuation for a datacentre firm is bold — especially when critics already call Britain's AI drive 'phantom investments'.

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## FAQ

**Q:** What is British AI datacentre firm Nscale raises $2bn as Sheryl Sandberg and Nick Clegg join board about?

**A:** London-based startup, which is vital to the government’s artificial intelligence ambitions, is now valued at $14.6bn UK’s multibillion AI drive is built on ‘phantom investments’ The Essex supercomputer that’s still a scaffolding yard Business live – latest updates Nscale, a UK company vital to the government’s AI ambitions, has raised $2bn (£1.5bn) in a funding round and appointed the former Meta executives Sheryl Sandberg and Nick Clegg to its board of directors.

**Q:** Why does it matter?

**A:** It brings the valuation of the London-based startup, which is backed by the US tech company Nvidia, to $14.6bn, it said in a statement, and follows a $1.1bn funding round the company raised last September.

**Q:** What are the key takeaways?

**A:** It brings the valuation of the London-based startup, which is backed by the US tech company Nvidia, to $14.6bn, it said in a statement, and follows a $1.1bn funding round the company raised last September.

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## Related Topics

- [meta](https://news.ainauten.com/en/tag/meta)
- [nvidia](https://news.ainauten.com/en/tag/nvidia)

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## Sources

- [Sandberg, Clegg join Nscale board as this ‘Stargate Norway’ startup hits $14.6B valuation](https://techcrunch.com/2026/03/09/sandberg-clegg-join-nscale-board-as-this-stargate-norway-startup-hits-14-6b-valuation/) - TechCrunch AI
- [British AI datacentre firm Nscale raises $2bn as Sheryl Sandberg and Nick Clegg join board](https://www.theguardian.com/business/2026/mar/09/ai-nscale-raises-2bn-sheryl-sandberg-nick-clegg-board-value) - The Guardian AI

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## About This Article

This article is a synthesis of 2 sources, curated and summarized by AInauten News. We aggregate AI news from trusted sources and provide bilingual (German/English) coverage.

**Publisher**: [AInauten](https://www.ainauten.com) | **Site**: [news.ainauten.com](https://news.ainauten.com)

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*Last Updated: 2026-03-20*