Sunday, October 18, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

Nscale meets investor resistance over its IPO valuation target

Nscale meets investor resistance over its IPO valuation target

Photo: Crypto Briefing

The London-based AI cloud firm wants up to $35 billion on the NYSE, but delays, a Microsoft exit, and a cooling sector are testing buyers' patience Nscale wants public markets to value it at up to $35 billion. According to Bloomberg, a number of investors are pushing back on that figure. The London-based AI infrastructure company is trying to go public just as enthusiasm for AI build-outs is cooling, construction schedules are slipping, and rival listings are being shelved. Nscale filed its S-1 registration statement with the US SEC on September 18, 2026.

Source: Crypto Briefing

Latest in Crypto Today

All Crypto Today stories