Nscale Plans $1.65B Acquisition of Anyscale, Integrating 200 Staff

London-based Nscale targets Anyscale for $1.65B, absorbing 200 employees. The AI compute rental firm, founded in 2024, aims for a potential 2026 IPO while expanding data center operations.

Woofun AI reports that Nscale intends to acquire computing software firm Anyscale for $1.65 billion. Under the agreement, approximately 200 Anyscale employees will transition to Nscale. Founded in early 2024 as a London-based cryptocurrency mining entity, Nscale now provides AI-specific computing power rentals and is constructing large data centers in Norway and West Virginia. The company previously indicated plans for a public listing, potentially in the second half of 2026. Anyscale secured funding in 2022 with a valuation surpassing $1 billion.