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importantSYS.SOURCE: TechCrunch2026-09-04T21:12:11Z

Nscale Seeks $3.5 Billion in Pre-IPO Financing for AI Compute Infrastructure

Nscale, a British AI infrastructure company, is seeking $3.5 billion in pre-IPO financing through convertible notes and potential Nvidia investment, aiming to bolster its compute capabilities. The company recently secured a $45 billion deal with Anthropic, projecting $103 billion in revenue from signed customer leases.

Nscale, which recently struck a $45 billion deal with Anthropic, is in talks to raise additional funds in anticipation of an upcoming IPO.

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