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Nscale seeks about $3.5 billion pre-IPO funding, source says
Sept 4 : Cloud infrastructure provider Nscale is in talks with potential investors to raise about $3.5 billion in pre-IPO funding, a source familiar with the matter said on Friday.Nscale intends to sell as much as $1.5 billion of convertible notes to a group of investors and aims to secure about $2 billion f
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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
