Nscale eyes up to $3 billion US IPO raise

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1. 1Nscale is seeking to raise as much as $3 billion in a US IPO, according to people familiar with the matter.
2. 2The London-based company could list as early as September, is working with Goldman Sachs and JPMorgan, and has a contracted revenue backlog of approximately $51 billion.
3. 3The move joins a rush of companies turning to public-market investors to fund the expansion of AI data centers.

Source Bloomberg · View original ↗

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