Nscale adds former OpenAI exec Fidji Simo to its board ahead of potential IPO

U.K.-based AI data center startup Nscale has appointed former OpenAI, Meta, and Instacart executive Fidji Simo to its board of directors. Simo joins prominent tech leaders Sheryl Sandberg, Susan Decker, and Nick Clegg on Nscale’s board ahead of the startup’s anticipated IPO this fall. Simo previously served as CEO of AGI deployment at OpenAI and led Instacart through its 2023 IPO after spending over a decade at Meta. Nscale founder and CEO Josh Payne noted that Simo brings invaluable experience in scaling products used by billions of people and understanding the demands placed on underlying systems. Founded just two years ago amidst booming demand for AI infrastructure, Nscale designs, builds, and operates AI data centers, and is reportedly attempting to raise up to $3.5 billion ahead of its planned public offering.