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Artificial IntelligenceBusinessInvestors and fundingSep 4, 2026

AI cloud firm Nscale seeking $3.5B in pre-IPO financing from Nvidia and Third Point

Nscale is in talks to raise up to $3.5B ahead of a US listing, including $1.5B of convertible notes led by Third Point and about $2B from Nvidia. It is briefing investors that its contracts total...

Nscale is in talks to raise up to $3.5B ahead of a US listing, including $1.5B of convertible notes led by Third Point and about $2B from Nvidia. It is briefing investors that its contracts total roughly $103B, most of the increase coming from a $45B Anthropic deal that Microsoft and Google both passed on. […] This story continues at The Next Web

Source: The Next Web

Related: cloud

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