Nscale faces opposition to about $30 billion IPO target

Published Monday, October 19, 2026 · 6:21 AM EDT

Nscale faces opposition to the valuation target of about $30 billion it is pursuing for its IPO, Bloomberg reported, citing people familiar with the matter. The data center developer is backed by Nvidia; the opposition concerns its proposed valuation.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.

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