Nscale

Nscale IPO reveals 85% of $103B backlog tied to two clients

Nscale Limited, a British AI infrastructure company founded just two years ago, filed for an initial public offering on the New York Stock Exchange last week, revealing a striking concentration risk: Microsoft and Anthropic together account for 85% of its…

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Nscale seeks $3.5B in pre-IPO funding ahead of U.S. listing

London-based AI cloud computing company Nscale is in talks with investors to raise as much as $3.5 billion in financing ahead of a planned U.S. initial public offering, according to a Bloomberg News report on Friday.

Nscale signs $3.5B deal to power Figure’s humanoid robots

AI cloud infrastructure provider Nscale announced on Thursday a multi-year strategic partnership with humanoid robotics company Figure, committing an initial $3.5 billion in compute capacity with the intent to scale the arrangement to more than $6 billion. Nscale will also…

Nscale agrees to buy Anyscale for $1.65B ahead of IPO

Nscale, the London-based AI cloud provider backed by Nvidia, has agreed to acquire software startup Anyscale for approximately $1.65 billion, the companies announced on Thursday. The deal marks Nscale's latest move to build a vertically integrated AI platform ahead of…