Nscale Stock
| Valuation | $14.6B1, 2 |
| Valuation Date | Mar 9, 2026 |
| Implied Valuation | n/a |
| Last Price | $782.68 |
| 52-Week High | n/a |
| 52-Week Low | n/a |
| YTD Return | n/a |
| 1-Year Return | n/a |
| 3-Year Return | n/a |
| Total Funding | n/a |
| Latest Round Amount | $2.36B3 |
| Latest Round | Series C |
| Funding Rounds | 4 |
| IPO Status | Filed4 |
| Expected IPO Date | H2 2026 |
| Revenue | $140.6M5 |
| Revenue Type | H1 2026 |
| P/S Ratio | 103.8 |
About Nscale
Nscale is a European AI infrastructure company that builds GPU data centers and a managed cloud for training and running AI models. Its Nscale Cloud product includes dedicated GPU nodes, managed Kubernetes and Slurm and inference APIs. The company also sells dedicated clusters and develops the power and data center sites those clusters run on, including facilities in the UK, Norway, the United States, Portugal and Iceland. Nscale makes money by leasing GPU compute and by building AI infrastructure for large customers such as Microsoft. In July 2026 it agreed to acquire Anyscale, whose software helps teams scale AI workloads across thousands of GPUs, in a deal expected to close later in 2026.
Invest in Nscale
Nscale is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).
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News
Ahead of US IPO, British AI neocloud Nscale secures $3.36B in convertible financing
TechCrunch reported Nscale raised $3.36 billion via convertible notes ahead of its IPO, including $2.36 billion at closing and a $1 billion Nvidia tranche expected in mid-November 2026.
Nscale Raises $3.36 Billion in Pre-IPO Convertible Financing
Nscale announced a $3.36 billion pre-IPO raise via convertible loan notes led by Third Point. An initial $2.36 billion tranche closed, with a further $1 billion NVIDIA commitment expected in mid-Novem...
Nscale Raises $3.36B in Pre-IPO Convertible Financing
The company said the Third Point-led convertible loan-note financing includes a $2.36 billion tranche at closing plus a $1 billion NVIDIA commitment expected in mid-November 2026.
Nscale Raises $3.36 Billion in Pre-IPO Round Led by Third Point
Bloomberg reported Nscale closed the convertible loan-note offering a week after filing for a NYSE IPO. The notes convert into ordinary shares, or non-voting shares for NVIDIA, upon completion of the ...
Nvidia-Backed Cloud Startup Nscale Files for IPO
The U.K.-based company didn't say how many shares it would offer, or at what price, but intends to list shares on the New York Stock Exchange under the symbol NSCL.
AI cloud provider Nscale files to go public
Nscale is looking to go public on the New York Stock Exchange under the ticker NSCL. The company spun out of a cryptocurrency mining firm called Arkon Energy.
AI cloud firm Nscale files for US IPO
AI cloud firm Nscale filed for a U.S. initial public offering on Friday.
Nscale files for estimated $2.0 billion U.S. IPO on NYSE
U.K. AI infrastructure provider Nscale filed with the SEC on September 18, 2026 for a U.S. listing on the NYSE under ticker NSCL, with Renaissance Capital estimating the offering could raise about $2 ...
Nscale Files Registration Statement for Proposed Initial Public Offering
Nscale Limited announced it has filed a Form S-1 with the SEC for a proposed NYSE IPO of ordinary shares under the ticker NSCL. Share count and price range have not been determined.
OpenAI's Fidji Simo to Join Board of Cloud Provider Nscale Ahead of IPO
Former OpenAI executive Fidji Simo has joined the board of directors at Nscale, a startup that has raised billions to build data centers for AI.
AI compute provider Nscale is looking for $3.5B in pre-IPO financing
TechCrunch reported that Nscale is in talks for $3.5 billion in pre-IPO financing, including $1.5 billion in convertible notes and about $2 billion from Nvidia, ahead of a possible U.S. listing as soo...
AI Cloud Firm Nscale Seeking $3.5 Billion in Pre-IPO Financing
Bloomberg reported Nscale is in talks to raise as much as $3.5 billion ahead of a planned U.S. IPO, including up to $1.5 billion of convertible notes and about $2 billion from Nvidia, with conversion ...
Nscale and Figure sign $3.5B strategic compute partnership
Nscale signed a multi-year partnership with humanoid robotics company Figure to deploy up to 100,000 NVIDIA Vera Rubin GPUs with an initial $3.5 billion compute commitment, and will become a Figure sh...
Nscale and Figure Sign Strategic Partnership to Power the Next Generation of Physical AI
Nscale signed a multi-year partnership to supply at least $3.5 billion of AI compute to Figure, with potential deployment of up to 100,000 NVIDIA GPUs starting in the second half of 2027, and took an ...
Nscale Closes Approximately $3 Billion in Financing for Both Ward County, Texas and Madison, North Carolina AI Deployments
Nscale closed about $3 billion of senior secured delayed-draw term loans to fund GPU deployments at its Ward County, Texas campus and a Madison, North Carolina site. The facilities were rated investme...
Aker Shares Climb After Nscale Gets $45 Billion Contract
Aker stock jumped after it said Nscale had signed the contract to provide AI compute capacity at its Monarch site in West Virginia, U.S.
Anthropic Escalates Cloud Spending With $45 Billion Nscale Agreement
Anthropic has agreed to pay $45 billion to rent cloud computing power from neocloud company Nscale's West Virginia data center, which is set to start operating in late 2027, Bloomberg reported Wednesd...
Anthropic continues compute-gobbling streak in $45 billion deal with Nscale
Anthropic has signed a deal to rent about $45 billion in AI compute from Nscale, a British AI infrastructure company, a source familiar with the deal told TechCrunch.
Anthropic and Nscale strike $45 billion cloud deal, sources say
Anthropic has reached a roughly $45 billion cloud deal with Nscale, CNBC confirmed. Anthropic will rent around 460 megawatts of compute capacity at an Nscale data center development in West Virgina, a...
Anthropic to pay Nscale $45 billion to rent AI computing power, Bloomberg News reports
Anthropic has agreed to spend $45 billion to rent AI cloud computing power from Nscale's flagship data center development in West Virginia, Bloomberg News reported on Wednesday.
Nscale reportedly planning $3 billion U.S. IPO
Nscale is preparing a U.S. initial public offering that could raise about $3 billion as soon as September, with Goldman Sachs and JPMorgan reportedly leading the listing after its $14.6 billion Series...
AI Cloud Firm Nscale Plans US IPO, May Raise as Much as $3 Billion
Bloomberg reported that Nscale is working with Goldman Sachs and JPMorgan on a US IPO that could raise as much as $3 billion as soon as September 2026. People familiar with the matter said the plan co...
AI cloud provider Nscale to buy software startup Anyscale
Nscale agreed to acquire Anyscale, whose Ray-based platform helps scale AI workloads across thousands of GPUs; Bloomberg reported the deal at about $1.65 billion.
Nscale agrees to acquire Anyscale to expand full-stack AI cloud platform
Nscale entered a definitive agreement to acquire Anyscale, the Ray-based platform for scaling AI workloads, extending its vertically integrated AI cloud offering. Reporting pegged the deal at roughly ...
Nscale buys Anyscale as it seeks to own more of the AI compute stack
Nscale agreed to acquire Anyscale, the Ray-based platform for scaling AI workloads, in a deal Bloomberg said was worth $1.65 billion. Anyscale will keep its brand and about 200 employees will join Nsc...
Nvidia-Backed Startup Nscale Locks in $900 Million for Data-Center Buildout
The U.K. artificial-intelligence infrastructure startup said the funds would inject flexible liquidity to accelerate its data-center plans across Europe, the U.S. and the Asia Pacific.
Nscale Secures $790 Million in Financing to Support AI Infrastructure Buildout in Norway
Nscale announced $790 million of financing from Nordic banks including ABN AMRO, DNB, Eksfin, Nordea and SEB to support its Narvik, Norway AI data center. The package includes accordion capacity for a...
UK's BT and Nscale team up to build 14MW of AI capacity
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OpenAI pulls back from Stargate Norway deal as Microsoft takes over
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Nscale Acquires American Intelligence & Power Corporation, Creating a Full Stack AI Hyperscaler, Integrated from Energy to Compute
Nscale agreed to acquire AIPCorp, including the Monarch Compute Campus in Mason County, West Virginia, and launched a Nscale Energy & Power division. The site is planned to scale from about 2 GW of in...
Nvidia-Backed Startup Nscale Raises Funds At $14.6 Billion Valuation
Nvidia, Dell Technologies and Nokia were among the investors that backed the AI infrastructure startup's Series C funding round.
Nvidia backs AI data center startup Nscale as it hits $14.6 billion valuation
UK-based startup Nscale has raised $2 billion at a $14.6 billion valuation in a funding round featuring chip giant Nvidia. The company is building AI infrastructure, including data centers and cloud a...
Nvidia-backed UK AI firm Nscale raises $2 billion in funding round
Nvidia-backed British artificial intelligence group Nscale has raised $2 billion at a valuation of $14.6 billion, the company said on Monday.
Nscale Signs a $1.4bn Delayed Draw Term Loan Backed by GPUs to Finance Multiple Cluster Deployments Across Europe
Nscale signed a $1.4 billion GPU-backed delayed draw term loan led by PIMCO, Blue Owl and LuminArx to buy chips for contracted clusters in Norway, Portugal, Iceland and the UK. Goldman Sachs acted as ...
Nvidia-backed UK AI firm Nscale hires banks for IPO, sources say
Nvidia -backed British artificial intelligence group Nscale Global Holdings has hired Goldman Sachs and JPMorgan to prepare for an initial public offering, people familiar with the matter said.
WhiteFiber and Nscale Announce 10-Year, 40 MW Colocation Agreement Representing Approximately $865 Million in Total Contract Value at NC-1 AI Data Center Campus
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Nscale inks massive AI infrastructure deal with Microsoft
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Nscale eyes IPO amid fresh $14 billion deal with Microsoft
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UK's Nscale signs deal with Microsoft to supply 200,000 Nvidia AI chips
British AI group Nscale said on Wednesday it signed a deal with Microsoft to deliver a total of about 200,000 Nvidia AI chips.
British AI firm Nscale raises $1.1 billion in Nvidia-backed funding round
London-based AI data center firm Nscale has secured $1.1 billion in Series B funding led by Norway's Aker, with additional backing from Nvidia, Nokia and Dell. The funding will fuel the expansion of N...
Nscale raises the largest Series B in European history, at $1.1 billion, to accelerate its global AI infrastructure and GPU deployment rollout
Nscale, the hyperscaler engineered for AI, today announced it has raised the largest Series B in UK and European history, at USD $1.1 billion. The financing was led by Aker ASA, with continued support...
Nokia and Nscale partner to accelerate AI infrastructure build-out
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AI startup Nscale came out of nowhere and is blowing away Nvidia CEO Jensen Huang
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Nscale, Aker ASA and OpenAI to establish Stargate Norway
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