AI Cloud Company Nscale Plans IPO by 2026, Expands Microsoft Partnership to $23 Billion
Summary
AI cloud company Nscale announces plans for IPO by 2026 while expanding its Microsoft partnership to $23 billion with a new $14 billion deal involving 200,000 Nvidia GB300 graphics processing units.
Key Points
- AI cloud company Nscale confirms it plans to go public in an IPO potentially by the end of 2026, though the listing location remains undisclosed
- Nscale announces an expanded $14 billion partnership with Microsoft, which will purchase around 200,000 Nvidia GB300 graphics processing units from the London-based company
- The deal follows Nscale's recent $433 million funding round and brings the total Microsoft partnership value to approximately $23 billion, reflecting intense investor interest in AI infrastructure