[NVIDIA Announces $683 Million Investment in Nscale, a Spin-Off from a Crypto Mining Company] Reported by Golden Finance, NVIDIA has announced a $683 million investment in Nscale, a UK-based artificial intelligence infrastructure company that will be spun off from a cryptocurrency mining firm in 2024. NVIDIA CEO Jensen Huang stated that the investment in Nscale, the AI division of crypto mining company Arkon Energy, is a significant step toward advancing AI infrastructure development in the UK. Nscale will be spun off from Arkon in May 2024, aiming to provide AI cloud services across Europe.