Nvidia-backed AI infrastructure firm Nscale files for US IPO, targets ~$35B valuation and NYSE listing under $NSCL

Nscale, a UK AI infrastructure company backed by Nvidia, has filed its S-1 for a US IPO and plans to list on the NYSE under the ticker $NSCL, disclosing $103B in total contract value including Microsoft and Anthropic. The FT reports the company is targeting a $35 billion valuation; CNBC had reported a figure around $30 billion.

Detected & updated continuously · Source: Nebula