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AI cloud firm Nscale seeking $3.5B in pre-IPO financing from Nvidia and Third Point

Nscale is in talks to raise up to $3.5B ahead of a US listing, including $1.5B of convertible notes led by Third Point and about $2B from Nvidia. It is briefing investors that its contracts total roughly $103B, most of the increase coming from a $45B Anthropic deal that Microsoft and Google both passed on. […] This story continues at The Next Web

Published Sep 5, 2026 · 1:30 AMOriginal source: The Next Web15 reads
AI cloud firm Nscale seeking $3.5B in pre-IPO financing from Nvidia and Third Point
Nscale is in talks to raise up to $3.5B ahead of a US listing, including $1.5B of convertible notes led by Third Point and about $2B from Nvidia. It is briefing investors that its contracts total roughly $103B, most of the increase coming from a $45B Anthropic deal that Microsoft and Google both passed on. […] This story continues at The Next Web
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