Nvidia Bets $683M on UK AI Infrastructure via Crypto-Mining Spin-off
Nvidia's $683 million investment in British firm Nscale marks a strategic pivot from cryptocurrency mining to sovereign AI infrastructure. The Arkon Energy spin-off aims to deploy 60,000 GPUs across the UK by 2026, positioning artificial intelligence as a cornerstone of national competitiveness.
The MOVE comes as European governments accelerate digital sovereignty initiatives. Nvidia's wager on repurposed mining infrastructure underscores how blockchain-adjacent technologies are converging with mainstream AI development. Market observers note the investment may signal broader institutional interest in hybrid crypto-AI ventures.