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AI cloud firm Nscale seeking $3.5B in pre-IPO financing from Nvidia and Third Point
The London AI cloud firm is raising $3.5B pre-IPO and telling investors its contracts total $103B, double the figure reported four weeks ago.
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channelnewsasia.com
Nscale touts $103 billion contracted revenue ahead of potential IPO, The Information reports
Sept 2 : Nscale is telling prospective investors it has about $103 billion of total contracted revenue ahead of an initial public offering that could come as soon as this month,…
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qz.com
Nscale touts $103 billion in contracts ahead of IPO
The U.K.-based cloud infrastructure company's contracts average 5.7 years in duration, implying about $18 billion in annualized revenue
