AI infrastructure platform backed by NVIDIA alongside CoreWeave and Nebius.
- MiniMax Takes a Shot at OpenAI and Anthropic
- Private markets vs. the S&P 500
- Investors Turn on Data Center Builders as Rising Interest Rates Dampen the AI Trade
- OpenAI Hacked U.S. Government Sites, Too
- Meta Goes All-In on Muse
- 🧷 AI's safety paradox
- Pulled IPOs Signal Wall Street Losing Faith in Data Center Boom
- AI has security chiefs scared stiff
- Google's Gemini Also Escaped Into the Wild and Hacked Corporate Websites
- Northern Yemen Group Used Claude to Build Weapons Systems, Anthropic Reveals
- Venture's biggest losers
- OpenAI's Agents Conspired for More Than a Month Without the Company Knowing About It
“Nscale is facing investor pushback over its planned IPO valuation, with some prospective buyers urging the Nvidia-backed AI data-center developer to target $16 billion to $19 billion rather than the roughly $30 billion it has been seeking amid broader pressure on AI infrastructure stocks.”
Source→“Microsoft pulled out of a deal with Nvidia-backed Nscale for a UK-based data center due to delays with the electricity grid supplying power to the site.”
Source→“Microsoft pulled out of a deal with Nvidia-backed Nscale for a UK-based data center due to delays with the electricity grid supplying power to the site.”
Source→“Who are the most relevant NeoClouds today? It's Nscale, IRAN, and Nobius and Crusoe.”
Source→“secured $3.36 billion in convertible financing ahead of a planned U.S. IPO, including $1 billion from Nvidia.”
Source→“Nvidia-backed Nscale... did not name ByteDance in its main S-1 even though the Chinese tech giant accounted for 73% of its revenue last year”
Source→“Nscale, a hyperscaler based in London, talked up AI safety concerns in its IPO filing.”
Source→“Nscale... has amassed $103 billion in contracts ahead of its IPO, but 85% comes from Microsoft and Anthropic, with the $44.6 billion Anthropic deal still lacking committed financing.”
Source→“Nscale... filing a ~$2B IPO”
“Nscale's S-1 also is a map of circular AI financing, with Nvidia as a featured player.”
“London-based AI infrastructure provider Nscale, which is backed by Nvidia, filed for a US IPO and is targeting a $35 billion valuation.”
Source→“Nscale... operates or has contracted 461,000 GPUs across 17 data center sites.”
Source→“Nscale, a two-year-old London AI cloud provider... operates or has contracted 461,000 GPUs across 17 data center sites and filed for an NYSE IPO.”
Source→“She will remain a part-time OpenAI adviser and recuse herself from Nscale matters involving OpenAI.”
Source→“the company prepares for a potential IPO as soon as this month”
Source→“Former OpenAI executive Fidji Simo has joined the board of AI data-center startup Nscale as the company prepares for a potential IPO as soon as this month.”
Source→“Over 40% of deal value is down to just the five largest deals, two of which are for the same company: Nscale.”
“Raises $3B from J.P. Morgan, Goldman Sachs.”
“Seeking $3.5 billion in pre-IPO financing—$1.5 billion in convertible notes plus $2 billion from Nvidia—ahead of a planned IPO as soon as this month.”
Source→“has raised an undisclosed amount of capital from... Nscale, as well as $3.5 billion to $6+ billion in AI cloud compute”
Source→“Nscale inked a deal to supply humanoid robot maker Figure with $3.5 billion in compute.”
Source→“Anthropic agreed to buy AI computing power from data center infrastructure company Nscale in a $45 billion deal.”
Source→“Nscale is looking to raise up to $3 billion in its US IPO”
Source→“Nscale...Seeking to raise as much as $3 billion in a U.S. IPO...after telling prospective investors it has about $51 billion in contracted revenue”
Source→“Nscale 'Is targeting a September US IPO, Bloomberg reported'”
Source→“"Five companies ate 78% of all venture deal value in Q1 — OpenAI, Anthropic, xAI, Waymo and Nscale are hoarding the money while smaller funds scrape by on 'zombiecorns' with nowhere to exit."”
Source→“Anyscale is acquired by Nscale at a $1.65 billion valuation; Andreessen Horowitz-backed exit via M&A rather than IPO.”
Source→“Preparing for a possible fall IPO at a valuation bankers have floated around $25 billion, even as comparable stocks slide”
Source→“Acquiring Anyscale for $1.65B after raising ~$281M; notable exit for NEA and a16z”
Source→“Nscale, an AI cloud platform valued by VCs at $14.6b, agreed to acquire Anyscale, an SF-based AI app development platform for a reported $1.65b.”
“Neoclouds Lambda and Nscale both hired banks to help with the process last year, but neither yet has a target date.”
“Raises $900M from Deutsche Bank, J.P. Morgan, Morgan Stanley, Goldman Sachs”
Source→“"NVIDIA's capital lands at infrastructure, specifically CoreWeave, Nebius, and Nscale."”
Source→“Every investor who co-invested alongside NVIDIA in CoreWeave, Nebius, and Nscale is seeing strong returns now.”
Source→“"Thinking machines, a frontier labs company, which is super exciting."”
Source→“"This is Nscale, and their customers are British Telecom, Google. Google is using one of our AI clouds."”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.