Nscale Appoints Fidji Simo to Board Ahead of Potential IPO
UK-based AI data center startup Nscale has appointed former OpenAI, Meta, and Instacart executive Fidji Simo to its board. This move comes as the company prepares for a potential initial public offering (IPO) this fall. Simo brings extensive experience in scaling large tech platforms, having led companies like Instacart through their IPOs and served at high levels within OpenAI and Meta. Nscale’s valuation has surged due to growing demand for AI infrastructure. The company is reportedly seeking up to $3.5 billion in funding ahead of its planned public listing, according to Bloomberg sources cited last week. CEO Josh Payne highlighted Simo's expertise as critical for building systems that support billions of users — a core focus at Nscale. Simo currently advises OpenAI part-time and also sits on Shopify’s board. Her appointment adds high-profile credibility to the startup’s leadership team, which already includes executives like Sheryl Sandberg and Nick Clegg.
Topics: AI Fidji Simo Nscale OpenAI people moves