Nscale adds former OpenAI exec Fidji Simo to its board ahead of potential IPO
Summary
Nscale, a UK-based AI data center startup, has appointed Fidji Simo, a former top executive at OpenAI, to its board. Simo, who also previously led Instacart and held a senior role at Meta, joins a high-profile board that includes Sheryl Sandberg, Susan Decker, and Nick Clegg. This move comes as Nscale, founded just two years ago, prepares for a potential IPO this fall and is reportedly seeking to raise up to $3.5 billion to fuel its growth in the booming AI infrastructure market.
(Source:TechCrunch)