Business/press release/2026-09-18

Nvidia-backed AI cloud provider Nscale files for US IPO

Nvidia-backed AI cloud provider Nscale has filed for a US initial public offering (IPO), according to reports citing the company's filing. The filing revealed a surge in revenue, and some reports indicate a potential valuation of up to $35 billion for the company.

What every outlet reports

  • Nscale is an AI cloud provider
  • Nscale is backed by Nvidia
  • Nscale has filed for a US IPO

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