Former Meta COO Sheryl Sandberg and NScale CEO Josh Payne Talk Nscale
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What is the main topic discussed in this episode?
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After raising $2 billion in a recent round, which now values the company at a cool $14.6 billion. Now the AI hyperscalers are also looking to this particular company. because they want to be looking for more compute, but also they've got some significant leaders coming in. Directors, including former British politician, Nick Clegg, Sheryl Sandberg as well, longtime chief operating officer of Facebook and its parent Meta. And I'm very pleased to say we can welcome the leadership now. Nscale CEO, Josh Payne, along with Sheryl Sandberg. It is a joy to have you both on the show. And Josh, some huge ambitions from Nscale and just the computing power that you can bring online the revenues you're going to be generating the next few years.
Just talk to us about how you achieve that, that necessary infrastructure, Josh.
Well, thank you, Caroline. It's great to be here. You know, firstly, what I'll say is this is the fourth industrial revolution. This market is moving so fast and we're still at the beginning. We're talking about a technology that is going to lead to, you know, automated drug discovery, the extension of human life, truly autonomous agents. And the only thing that prevents that future is access to the scarce resource, which is the compute. And so N-scale solves this problem. We buy and build and deploy all of that infrastructure to allow for these products to be built and operated. And so not only is there just huge demand for the sector, but we're capturing it.
And there's huge demand for your expertise, Cheryl, and to join boards. Why did you choose Josh? Why did you back Emscale? Why on the board?
What is Nscale and why is it significant in the AI data center market?
Well, the funny part of the story starts with his part, which is...
Well, so thinking about how I build the next great AI platform, what was most important to me is speaking to executives that have built great platforms before of global scale. And so certainly none better than Sheryl Sandberg. And so I tried for some time to get an introduction to Sheryl. And upon finally doing so, we scheduled a 30-minute call.
How did Nscale achieve a $2 billion funding round?
And the first thing that she said to me was, I don't do boards and I don't do these calls.
So it was an inauspicious beginning, but I didn't do boards and I didn't do these calls. But what I saw in Josh 90 minutes into our 30 minute phone call was what I considered real visionary leadership. Over the next few weeks as he was trying to get me to consider joining the board, he went away and he wrote a letter to his management team. And the only person I'd ever seen write like that was Mark Zuckerberg. This combination of a relentless, relentless desire for great, relentless desire for execution. You know, and from my point of view, I joined Google when it was at 250 people, left at 20,000. I joined Facebook when it was 550 people, left almost 100,000. So the opportunity to work with a founder I believe in
I joined right as the company was about 300, 400 people, so that same spot, and try to take some of the lessons we've learned and help a company I believe in this much scale really matters. I also really believe in the power of AI. I think we're at the very beginning. I started my career in global health. AI is going to mean that anyone in a remote village anywhere in the world could get skin cancer diagnosed at the same efficacy rate. as someone in the Mayo Clinic.
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Chapters
5 chapters
1
What is the main topic discussed in this episode?
0:00–2:15
2
What is Nscale and why is it significant in the AI data center market?
2:15–2:41
3
How did Nscale achieve a $2 billion funding round?
2:41–4:29
4
What role does Sheryl Sandberg play at Nscale?
4:29–6:35
5
What are Josh Payne's ambitions for Nscale's infrastructure?
6:35–11:42
Speakers
5 identifiedMore from Bloomberg Talks
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