Nvidia-backed and Nscale submitted an application for IPO; in six months, they incurred a loss of $1 billion.
2026-09-19 20:26:46
According to CoinMeta, Nscale, the infrastructure company supported by AI, is preparing to go public in the United States. Despite incurring losses of $1.02 billion over the past six months, its revenue surged by 1252% year-on-year to reach $140.6 million. Nscale has filed a listing application with the New York Stock Exchange under the ticker symbol NSCL, aiming to provide investors with the opportunity to participate in the global boom of AI data centers. Although the net loss has increased, the total contract value of Nscale amounts to approximately $1.034 trillion, involving around 461,000 active or signed GPU, demonstrating its ambition in building a powerful AI model computing capacity.
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Source:Coinpaper
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