Nscale to Divest $3.5 Billion in Compute Resources and Acquire Stake in Figure

Nscale has entered into an agreement to sell compute resources valued at approximately $3.5 billion to Figure. Alongside this transaction, Nscale has also acquired an ownership stake in Figure, highlighting a strategic partnership. The announcement was made public on 3 September, also featured on PR Newswire. The agreement includes provisions for deploying up to 100,000 Nvidia GPUs using Vera technology, indicating significant scale and investment.