British AI neocloud Nscale secures $3.36B in convertible financing. The deal lands ahead of a planned U.S. IPO and ranks among the largest financings tied to a European tech company. TechCrunch says the round gives Nscale fresh firepower as demand for AI infrastructure remains intense. Key takeaway: Capital is still concentrating in AI infrastructure, with European players using private markets to scale before public listings. 🔗 https://techcrunch.com/region/europe/ #VC #ClimeTech #Startup