P204news.today204Tue 22 Sep01:18

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London AI infrastructure firm Nscale files for US listing

London-based AI infrastructure firm Nscale has filed for a US initial public offering targeting a valuation of up to $35bn.

The Nvidia-backed cloud provider is seeking to raise capital to meet growing demand for AI infrastructure. Nscale will also offer shares to UK retail investors through Retailbook.

From 2 outlets:

The Register

City AM

Summary written by AI from these reports. See news.today/ai

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