Home / Business and Economy / AI Data Center Firm Nscale Taps Ex-OpenAI Exec Fidji Simo
AI Data Center Firm Nscale Taps Ex-OpenAI Exec Fidji Simo
11 Sep
Summary
- Fidji Simo, formerly OpenAI's No. 2 executive, joins Nscale's board.
- Nscale is an AI data center startup reportedly seeking $3.5 billion.
- The company aims for an IPO this fall, following recent valuation surges.
Nscale, a prominent AI data center startup based in the U.K., has strengthened its leadership by appointing Fidji Simo to its board of directors. Simo, who previously held the position of CEO of AGI Deployment at OpenAI and served as chair and CEO of Instacart, brings extensive experience in scaling global platforms. Her prior roles also include a decade at Meta, where she led the Facebook app.
Simo's recruitment occurs as Nscale anticipates its initial public offering later this fall. The company, founded just two years ago, has experienced a significant increase in valuation, driven by the escalating demand for AI infrastructure. Nscale, focused on designing, building, and operating AI data centers, is reportedly seeking to secure as much as $3.5 billion in funding ahead of its planned IPO.
