AI·Coverage

Business/press release/2026-09-19

Nvidia-backed Nscale files for US IPO, aiming for up to $35 billion valuation

Nvidia-backed AI cloud firm Nscale has filed for an initial public offering (IPO) on the New York Stock Exchange, according to multiple financial news outlets. The company is reportedly targeting a valuation of up to $35 billion. Stocks Down Under also noted a significant 1,252% revenue surge for Nscale.

What every outlet reports

  • Nvidia-backed
  • Nscale files for IPO
  • Targets US listing
  • AI cloud firm
  • Valuation target up to $35 billion

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