Nscale Energy & Power
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SAN JOSE, CA (GTC 2026) – March 16, 2026 – Nscale has signed an agreement to acquire American Intelligence & Power Corporation ("AIPCorp"), sponsored by Fidelis New Energy and 8090 Industries, including the Monarch Compute Campus in West Virginia - with plans to build one of the world's largest AI Factories. The acquisition secures the Monarch Compute Campus, a site with up to 2,250 acres in Mason County, West Virginia, and the United States' first state-certified AI microgrid with a power runway scalable to over 8 gigawatts. It also establishes Nscale Energy & Power, a new global division of Nscale headquartered in Houston, Texas. The site has access to long-term, low-cost, onsite powered microgrid to support multi-gigawatt expansion over the long-term, a key bottleneck in the buildout of in-demand, cutting-edge AI compute. The West Virginia campus is the first state-certified utility grid purpose-built for AI workloads in the United States. Initial power capacity of 2 gigawatts is expected to be online by the first half of 2028 with an expansion to approximately 8 gigawatts planned for 2031. Nscale Energy & Power will be led by veteran energy executive Daniel Shapiro as Chief Power Officer, alongside Bengt Jarlsjo as Deputy Chief Power Officer. The full AIPCorp and Fidelis New Energy organization - leadership and staff - joins Nscale as part of the acquisition. AIPCorp's...
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