Nvidia-backed Nscale (NSCL) considers delaying its IPO to next year as its June financials near an SEC time limit

Nscale is considering delaying its New York IPO to next year amid a sell-off in AI stocks and approaching deadlines for its June financial statements under SEC rules. The London-based AI data center company, backed by Nvidia, had previously targeted a valuation of up to $35 billion following its September filing. Meanwhile, Microsoft recently declined an option to expand its Texas contract and pulled out of a site in Loughton, England. Open article →