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The U.K.-based cloud infrastructure company's contracts average 5.7 years in duration, implying about $18 billion in annualized revenue
Igor Omilaev / Unsplash
Nscale has presented prospective investors with a figure of approximately $103 billion in total contracted revenue as it moves toward a potential IPO that could arrive within the month, according to Reuters, which cited documents that The Information reviewed.
Spread across an average contract length of 5.7 years, that total works out to roughly $18 billion per year, Reuters reported. One person with knowledge of the matter warned that the numbers should be treated as "illustrative" rather than any kind of official forecast.
