Pittco Management announced that it has made an equity investment in Nscale Global Holdings in partnership with Epping Forest Capital GP.
Nscale is a UK-based company that develops and operates data centers designed to serve training and inference compute needs for artificial intelligence applications.
The company owns and operates across the full stack, spanning energy, data centers, GPU compute, and software.
Through this integrated model, Nscale provides AI-native companies, enterprises, and governments with compute infrastructure designed for efficiency, reliability, and control.
Pittco said the investment will support Nscale’s continued growth as demand for AI compute remains constrained across the market.
Pittco Management is the single-family office for Joseph R. “Pitt” Hyde III, founder of AutoZone, and his wife, Barbara. The firm was established more than 30 years ago and provides investment, accounting, tax, and financial services from its headquarters in Memphis, Tennessee.
KEY QUOTE:
“Nscale continues to demonstrate that it can deliver reliable compute at scale into a severely compute-constrained market. We are pleased to play a part in helping their talented team be even better positioned to accelerate growth in the coming years.”
Henry Guy, President and Chief Investment Officer of Pittco
