Nscale, GPU specialist, targets $35 billion valuation

Nscale, a London-based GPU rental company, is preparing for its IPO in New York.

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The fact

It reports a $1 billion loss but aims for a valuation of up to $35 billion.

Its business model relies on growing demand for intensive computing for AI.

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Auto-synthesis from 1 media source · identified on September 21, 2026