March 9 (Reuters) - Nvidia ( NVDA )-backed artificial

intelligence group Nscale was valued at $14.6 billion after

raising $2 billion in its latest funding round, the British

company said on Monday.

The Series C funding round was led by Norway's Aker ( AKAAF )

and 8090 Industries, and included Nvidia ( NVDA ), Citadel, Dell

, Jane Street, among others, the firm said in a

statement.

Former Meta executives Nick Clegg and Sheryl Sandberg, and

former Yahoo President Susan Decker will join the board of the

AI firm, the company said.

The funding round comes ahead of the AI group's preparations for

an initial public offering, for which Nscale Global has hired

Goldman Sachs ( GS ) and JPMorgan ( JPM ) as underwriters, sources told Reuters

earlier this year.

The timeline for the potential listing has not yet been set,

the sources had said.

Founded in 2024, Nscale owns and operates its own data

centres, graphic processing units (GPUs), and software stack to

deliver large-scale, GPU-powered AI compute.

The new funding will help it expand its data-centre capacity

to meet soaring demand for AI computing from customers,

including Microsoft ( MSFT ) and OpenAI.