Nscale Drops €695M on Portugal Infrastructure for Microsoft

Nscale Global Holdings is pouring €695 million ($812 million) into infrastructure in Portugal. The massive spend expands the company's existing partnership with Microsoft.

The deal includes supplying more than 66,000 Nvidia Rubin GPUs starting in late 2027. That's a serious hardware commitment and a big bet on GPU demand staying white-hot well into the future.

The Portugal investment signals continued appetite for large-scale compute buildouts across Europe, with Nscale positioning itself as a key supplier in Microsoft's expanding ecosystem. The sheer volume of Rubin GPUs involved makes this one of the more notable infrastructure commitments announced recently.

No additional details were disclosed about the exact nature of the infrastructure or the broader terms of the Microsoft partnership.