Nscale hires Meta veteran Justin Osofsky as COO ahead of planned IPO - Bloomberg
Nscale, the London-based AI infrastructure developer, has appointed Meta Platforms executive Justin Osofsky as chief operating officer ahead of its planned IPO, according to Bloomberg. Osofsky, who spent 18 years at Meta and most recently served as chief partnerships officer, will report directly to Nscale CEO Josh Payne and oversee global operations.
The hire comes as Nscale accelerates corporate preparations following its confidential filing for a New York stock listing in September, with the company seeking to raise up to $3 billion to fund infrastructure acquisitions and expand data center capacity to meet rising demand for AI computing power.
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