Skip to contentNewskeryx

5 September 2026

Nscale raises $3.5B before US stock market debut, backed by Nvidia and Third Point

First reported

Bloomberg, TechCrunch and 1 other ran this on , all on the same day.

  • Nscale, a London-based company that rents computing power to AI companies, is seeking $3.5B in pre-IPO funding from Nvidia and investment firm Third Point before listing on US markets.
  • The company told investors it has $103B in signed customer contracts, up from $51B four weeks prior, largely because of a $45B deal with Anthropic that Microsoft and Google rejected.

Reported by The Next Web, TechCrunch, Bloomberg