Nscale buys AI infrastructure optimization startup Anyscale for reported $1.65B
Data center builder Nscale Global Holdings Ltd. today announced plans to acquire Anyscale Inc., a venture-backed provider of artificial intelligence software. The terms of the deal were not disclosed. Bloomberg cited a source as saying that Nscale is paying $1.65 billion. In March, the company raised $2 billion from a consortium that included Nvidia Corp. and […] The post Nscale buys AI…
Nscale Global Holdings Ltd., a data center builder, has announced its acquisition of Anyscale Inc., an AI software provider. The deal terms remain undisclosed, but Bloomberg cited a source stating that Nscale is paying $1.65 billion. Anyscale was launched in 2019 by a group of computer scientists and commercializes an open-source project called Ray, which optimizes large-scale AI clusters.
The startup raised $2 billion in March from a consortium that included Nvidia Corp. and other major tech firms. Nscale, based in London, is constructing a network of AI data centers across several countries, with a flagship campus in West Virginia. The campus, covering 2,250 acres, can theoretically host over eight gigawatts of computing capacity.
Anyscale's software, Ray, simplifies the process of distributing AI workloads across multiple servers, mitigating hardware errors and reducing bandwidth costs. Nscale expects to finalize the acquisition by the end of the year, integrating Anyscale's software with its own infrastructure optimization tools, including managed versions of Kubernetes and Slurm.
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