Nscale to acquire Anyscale for $1.65 billion

British AI infrastructure company Nscale Global Holdings Ltd. announced on July 30, 2026, that it has agreed to acquire software startup Anyscale Inc. for a reported $1.65 billion, a move that expands Nscale's vertically integrated platform for artificial intelligence workloads. The acquisition is expected to close in the second half of this year.

While Nscale did not officially disclose the financial terms, multiple reports citing sources familiar with the deal placed the value at approximately $1.65 billion. The London-based company, which builds and operates its own data centers and power infrastructure, plans to integrate Anyscale's software for scaling AI workloads across vast clusters of servers and graphics processing units.

Anyscale, founded in 2019, commercializes the widely used open-source Ray framework, which it created. The software helps developers efficiently distribute and manage complex AI tasks like model training and inference across thousands of chips, automating processes like fault tolerance and optimizing for performance and cost. The company offers a paid, cloud-based managed service built around Ray.

Nscale's founder and CEO, Josh Payne, described the...