Nscale Secures $1.1B in Funding Backed by Nvidia — Marks 'Largest Series B Round in European History'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 25 2025
0mins
Source: TipRanks
Nscale's Funding and Expansion: Nscale, a UK cloud computing firm backed by major tech companies, has raised $1.1 billion in funding to accelerate the launch of its AI data centers, including projects in the UK and Norway, while aiming to expand across Europe, North America, and the Middle East.
Stargate Project Collaboration: The company is involved in the $500 billion Stargate project, collaborating with OpenAI and Nvidia to deliver significant AI infrastructure, including a deal to build the UK's largest AI supercomputer, enhancing Microsoft's Azure services in the region.
Analyst Views on NOK
Wall Street analysts forecast NOK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOK is 7.36 USD with a low forecast of 6.50 USD and a high forecast of 8.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 6.500
Low
6.50
Averages
7.36
High
8.50
Current: 6.500
Low
6.50
Averages
7.36
High
8.50
About NOK
Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. The Ultra Broadband Networks segment comprises Mobile Networks and Fixed Networks operating segments. The IP Networks and Applications segment comprises IP/Optical Networks and Applications & Analytics operating segments. The Applications & Analytics operating segment offers software solutions spanning customer experience management, network operations and management, communications and collaboration, policy and charging, as well as Cloud, Internet of things (IoT), security, and analytics platforms that enable digital services providers and enterprises to accelerate and optimize their customer experience. The Company has Comptel Oyj among its subsidiaries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
