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Two years ago, Nscale was a brand new startup in the U.K. that had yet to raise any outside funding or officially announce its existence.

Last year the London-based company came out of stealth, and in December announced that it had raised its Series A fundraising, totaling $155 million.

Now, Nscale finds itself at the center of the action in the hottest market on the planet: artificial intelligence. And it has close to $700 million in fresh capital from Nvidia , the world's most valuable company.

In press releases on Tuesday, Nscale was named as an AI infrastructure partner for Nvidia , Microsoft and OpenAI, as the companies expand their buildouts in the U.K. Nscale then said it

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