AI compute provider Nscale is looking for $3.5B in pre-IPO financing
Covered by 2 sources
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Nscale, a UK-based AI infrastructure startup founded in 2024, is seeking $3.5 billion in pre-IPO funding through convertible notes and Nvidia investment ahead of a potential IPO later this month. The company recently secured a $45 billion deal with Anthropic and projects $103 billion in revenue from signed leases.
