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WHTop → 📋 News → Nscale Raises $790M for Expanding Norway AI Campus
May, 2026 : Nscale Raises $790M for Expanding Norway AI Campus
📅 - Nscale has lined up $790 million in fresh financing for its AI data center campus in Narvik, Norway, adding another layer to Europe's accelerating scramble for AI compute capacity. The package, backed by a consortium of Nordic and European banks, also includes a further $790 million expansion option tied to an additional 115MW buildout at the same site amid surging infrastructure demand globally.
The Narvik facility is becoming one of the larger AI infrastructure projects underway in Europe, at a time when hyperscalers, sovereign AI initiatives, and GPU cloud providers are all competing for access to power, cooling capacity, and politically stable locations.
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📅 - QTS Founder Starts New AI Infrastructure Company QII - Former QTS CEO Chad Williams is returning to the data center market with a new infrastructure company targeting gigawatt-scale AI campuses in emerging regions, signaling how rapidly artificial intelligence is reshaping not only where digital infrastructure gets built, but also how developers increasingly combine compute capacity, industrial power demand, manufacturing operations, and long-term energy planning into single integrated development strategies nationwide today.
The company, called QII - pronounced ‘Q-2' - arrives less than a year after Williams departed QTS, the hyperscale operator acquired by Blackstone in 2021. It is also notable that the QII logo carries a trademark [...]
📅 - Datadog Revenue Climbs 32% As AI Cloud Demand Grows - Datadog raised its annual revenue outlook after reporting stronger-than-expected first-quarter growth, underscoring how generative AI adoption and expanding cloud infrastructure are reshaping enterprise spending priorities around observability, cybersecurity, and real-time operational monitoring across increasingly fragmented digital environments where businesses struggle to manage workloads, detect threats, and maintain application performance spanning multiple clouds, edge systems, and distributed networks globally today.
Datadog's quarterly numbers landed at a moment when enterprise infrastructure teams are quietly rewriting operational assumptions around cloud complexity. Revenue [...]
📅 - Cloudflare Revenue Jumps 34% As AI Edge Strategy Expands - Cloudflare reported sharply higher quarterly revenue alongside a sweeping artificial intelligence restructuring plan, combining strong enterprise demand with a major operational overhaul that reflects how edge infrastructure providers are repositioning themselves for AI-era networking, cybersecurity, and distributed cloud delivery as businesses increasingly seek localized compute capacity, faster inference performance, and integrated traffic management closer to users and enterprise applications worldwide today.
Cloudflare entered 2026 with revenue climbing 34% year over year to $639.8 million, a figure that immediately reinforced how strongly enterprise demand for network infrastructure [...]
📅 - Ericsson, KDDI Move Closer to Fully Autonomous Networks - Ericsson and KDDI say they have completed a large-scale live network trial in Japan using AI software designed to automatically reduce uplink interference across 4G and 5G infrastructure. The companies tested the system across roughly 2,800 radio cells, reporting measurable uplink performance gains while also using the project to validate software interoperability and higher levels of network automation readiness in production environments.
Mobile operators have spent years automating isolated parts of radio networks. Most of it remained heavily supervised. Engineers still intervened frequently, particularly when optimization software touched live traffic conditions. Ericsson now appears [...]
📅 - InMotion Replaces Linux Memory Layer Across Hosting Fleet - InMotion Hosting says it has quietly replaced a core Linux memory management component across its shared hosting infrastructure after tracing recurring MySQL instability to a lower-level systems issue affecting database memory behavior. The company deployed Google-developed TCMalloc fleet-wide, reporting sharply lower memory consumption and the apparent elimination of database crashes tied to runaway memory growth on heavily loaded shared hosting servers globally.
For years, shared hosting customers experiencing intermittent slowdowns or unexplained outages were often told some variation of the same thing: MySQL was consuming too much memory. Sometimes WordPress plugins were blamed. [...]
📅 - ABB Invests $200M in Europe Grid Manufacturing for Data Centers - ABB is putting roughly $200 million into European medium-voltage manufacturing as grid operators, industrial groups, and data center developers search for faster access to power distribution equipment. The spending covers new and expanded capacity across six countries, with ABB pointing to electrification, renewable integration, and AI-era data center demand as forces straining already stretched electrical infrastructure supply chains.
The investment is not about another software layer for the grid. It is heavier than that. Switchgear, breakers, relays, vacuum interrupters, grid automation hardware. The pieces that decide whether power can actually move reliably through overloaded [...]
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