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Nscale’s approximately 30000000000 USD IPO valuation target has been questioned, with some investors advocating a reduction to 16000000000 to 19000000000 USD

PANews October 19 According to Bloomberg, citing people familiar with the matter, NVIDIA-backed AI data center developer Nscale had originally sought an approximately 30000000000 USD valuation, but some investors recently advocated setting the valuation between IPO and 16000000000 to attract buyers. Nscale is addressing comments from the U.S. 19000000000 USD regarding its listing application documents and plans to begin its roadshow after resolving them. Discussions remain ongoing, and no final decision has been made. Previously, Microsoft withdrew from its UK data center partnership with Nscale after project delays caused by power-supply constraints.

🔗SEC comments on its listing application documents and plans to begin its roadshow after resolving them. Discussions remain ongoing, and no final decision has been made. Previously, Microsoft withdrew from its UK data center partnership with Nscale after project delays caused by power-supply constraints.

Source: https://www.panewslab.com/zh/articles/01a15184-a2f7-76c1-a8e1-40dc0003932c