# Nscale Secures $900M For AI Data Centers > Source: > Published: 2026-07-07 10:33:37+00:00 Nscale closed a **$900 million** revolving credit facility on **July 7, 2026**, to fund AI data-center expansion across the US, Europe, and Asia-Pacific, syndicated by banks including J.P. Morgan, Goldman Sachs, and Morgan Stanley. According to Nscale's own announcement, CEO **Josh Payne** said the facility reflects institutional confidence in the company's platform and capital structure. The Nvidia-, Dell-, and Nokia-backed AI cloud provider, valued at **$14.6 billion** after a $2 billion round in March 2026, sells GPU capacity to model builders including Microsoft and OpenAI. For infrastructure teams, the deal signals that neocloud GPU capacity is increasingly financed through investment-grade debt, not just venture equity, a shift worth watching for capacity availability and market leverage risk.