IPO could take place as soon as September
Nscale targets $3B IPO at $14.6B valuation with $51B contracted backlog and $100M+ Q2 revenue run rate. Neocloud GPU-native infrastructure as hyperscaler alternative reshapes tech leader procurement decisions; signals structural compute capacity shortage driving vendor diversification.
London-based Nscale plans to raise $3 billion in a US IPO targeting September 2026, backed by $51 billion in contracted AI infrastructure