Nscale buys Anyscale as it seeks to own more of the AI compute stack
TechCrunch AI Ram Iyer
Nscale, a British AI infrastructure company, is acquiring Anyscale, a software platform for scaling AI workloads, for $1.65 billion. Anyscale was valued at $1.38 billion in its 2022 Series C and reported 70% sequential quarter-over-quarter revenue growth. The acquisition allows Nscale to vertically integrate software and infrastructure layers to better serve customers' AI compute needs across its data center and orchestration business.
Why it matters
British AI neocloud Nscale is buying software startup Anyscale, which helps companies scale their AI workloads across data centers and servers.
