Nscale’s contract value doubles as its IPO valuation faces scrutiny
Photo: Crypto Briefing
The AI cloud firm born from a crypto mining operation now reports more than $103 billion in contracted value ahead of a planned US listing Nscale’s total contracted value has more than doubled since March, according to CEO Josh Payne. The London-based AI cloud company now reports a backlog of $103.4 billion, as of August 31, 2026. Nscale is preparing a US IPO, and investors are debating whether a company with a nine-figure revenue line deserves an eleven-figure price tag.
Source: Crypto Briefing
