Nscale, a cloud infrastructure provider for AI models, has filed to go public on the New York Stock Exchange under the ticker NSCL. The company reported a 1,252% revenue increase to $140.6 million in the first half of 2026, though it posted a net loss of $1.02 billion. Nscale serves major AI labs like OpenAI and Anthropic and rents Nvidia GPUs for AI training and inference. It plans to expand by acquiring AI software startup Anyscale and recently added former OpenAI exec Fidji Simo to its board. The IPO aims to capitalize on growing demand for AI computing power.
Nvidia (NVDA), a key supplier of GPUs for AI companies like Nscale, trades at USD 221.80 on Pluang, up 1.12% as of Sep 19, 2026 03:11 WIB. The stock holds a massive market cap of $5.30 trillion and an enterprise value of $5.27 trillion, reflecting its dominant position in technology infrastructure. This context highlights the critical role Nvidia plays in powering AI cloud providers amid Nscale's IPO plans.
CoreWeave reported a 168% increase in revenue to $3.66 billion for Q3, beating expectations amid a challenging AI infrastructure market. Despite a net loss of $709 million, the company raised its 2026 revenue and operating income forecasts, signaling...
Nvidia's stock has fallen about 26% in the past month, underperforming its tech peers due to concerns over valuation and the loss of the 'Jensen premium.' The forward price-to-earnings ratio has compressed to 19.2x, below sector and historical averag...
Bernstein Liebhard LLP announced a class action lawsuit against NVIDIA Corporation for allegedly making false and misleading statements about its business and financial health between November 2025 and November 2026. The lawsuit claims NVIDIA's stock...
Anthropic plans to raise up to $64.4 billion in its IPO with shares priced between $70 and $78, implying a valuation near $1 trillion at the high end. Combined with a private placement, the total deal could reach $90.4 billion, surpassing SpaceX's re...
Shares of AI server makers Super Micro, Dell, and Hewlett Packard Enterprise dropped following a 6% decline in NVIDIA stock due to an investigation into NVIDIA's CEO over alleged ties to a Chinese spy. Super Micro fell 4%, Dell 6%, and HPE 2%, reflec...
