KoGuan Boosts Nvidia Stake by 1M Shares; Nscale Valued at $14.6B
Billionaire Leo KoGuan purchased an additional 1M Nvidia shares worth $350M, raising his total to ~2M shares and signaling investor confidence. Nvidia also joined Nscale's $2B Series C round valuing the AI infrastructure firm at $14.6B and installed Sheryl Sandberg, Nick Clegg and Susan Decker on its board.
1. KoGuan Increases Nvidia Shareholding
Billionaire Leo KoGuan acquired an additional one million Nvidia shares in early March, investing roughly $350 million and bringing his total position to about two million shares. This follow-up purchase underscores his confidence in Nvidia’s growth prospects despite recent market volatility.
2. Nvidia Participates in Nscale's $2B Series C Round
Nvidia joined a $2 billion Series C funding led by Aker ASA and 8090 Industries that values UK-based AI infrastructure developer Nscale at $14.6 billion. The capital will accelerate Nscale’s vertically integrated platform rollout, spanning GPU processing, networking systems, data services and orchestration software across Europe, North America and Asia.
3. Nscale's Board Additions and Expansion Strategy
Nscale named former Meta COO Sheryl Sandberg, former Meta President Nick Clegg and former Yahoo President Susan Decker to its board, bolstering governance with seasoned technology executives. The fresh leadership aims to guide Nscale’s rapid expansion in large-scale AI data-center services ahead of a potential U.S. listing.