E-Ink News Daily

Back to list

Nscale adds former OpenAI exec Fidji Simo to its board ahead of potential IPO

Nscale, a UK-based AI data center startup, has appointed former OpenAI CEO of AGI deployment Fidji Simo to its board ahead of an anticipated IPO this fall. The startup is reportedly raising up to $3.5 billion, joining an already high-profile board that includes Sheryl Sandberg and Susan Decker. Simo brings extensive experience scaling products for billions of users from her tenures at OpenAI, Meta, and Instacart.

Background

Nscale was founded just two years ago and designs, builds, and operates AI data centers amid booming demand for AI infrastructure. The company's valuation has skyrocketed and it is preparing for a major IPO, potentially one of the largest tech IPOs in recent years.

Source
TechCrunch
Published
Sep 12, 2026 at 12:46 AM
Score
6.0 / 10