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Nscale said to seek up to $3.5 billion in financing

Bloomberg reports that London-based AI infrastructure startup Nscale is in talks to raise as much as $3.5 billion ahead of a planned IPO. The proposed financing includes up to $2 billion from Nvidia, according to the report. Nscale is a cloud-computing firm focused on artificial intelligence.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Robotics Capital
Robotics Capital

Neolix raises $400 million for global delivery vehicle expansion

Chinese driverless delivery vehicle maker Neolix raised a $400 million Series E led by Boyu to fund global expansion, Bloomberg reported. The round takes total funding to $1.4B+. Neolix operates 30K+ vehicles in 300+ cities across...

Capital Security
Capital Security

Blackwall raises $100 million at $2.2 billion valuation

Estonian web security company Blackwall said Tuesday it raised $100 million in a Series C led by AVP at a $2.2 billion valuation. Executive chairman Roi Carthy said the valuation increased by 4 times since its 2025 fundraise. Bla...

Products
Products

GCash operator Mynt raises $841M in Philippines' largest IPO

Mynt, the Ant-backed company behind mobile wallet GCash, raised $841M in the Philippines' largest-ever IPO, valuing the fintech company at approximately $7B, The Wall Street Journal reported. Its shares rose as much as 2.4% in Ma...

Security
Security

Siemens patches Software Center flaw exploited to deliver malware

Siemens has patched a Software Center vulnerability that it says attackers exploited in ClickFix campaigns to execute malicious code. The flaw, CVE-2026-110936, lets a specially crafted library run with the affected application's ...

AI
AI

Google opens preview of Gemini agents for government workflows

Google Cloud has made Gemini for government services available in preview, offering agencies agents for tasks including public-records discovery, document redaction, bid evaluation and grant expense audits. Google says connectors...