EventBusinessSeptember 22, 2026

Nscale's IPO tests Wall Street appetite for concentrated AI bets

Read original source →techcrunch.com

British AI data center developer Nscale seeks $3B on the NYSE at a reported $35B valuation, with 85% of its $103B contract backlog tied to Microsoft and Anthropic. Anthropic's $44.6B deal can be cancelled if Nscale misses "stringent" milestones.

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