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NexGen Cloud raises $45M to scale European AI infrastructure with supercloud ambitions

UK-based NexGen Cloud has secured $45 million in Series A funding to accelerate the growth of its Hyperstack platform and build out sovereign AI infrastructure across Europe. With 10,000+ users and a $1B “Supercloud” underway in Oslo, the company aims to deepen its foothold in GPU cloud services and roll out AI tools like Fine-Tuning-as-a-Service to boost model efficiency.

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