
About
Nscale is a Europe-based technology company specializing in AI-ready data centers and high-performance GPU cloud infrastructure. Headquartered in London, the company was founded in 2024 by Joshua Payne.
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Nscale has filed to go public on the New York Stock Exchange under the ticker NSCL. The company plans a US IPO with a valuation around $30 billion and has agreed to sell $3.1 billion of convertible bonds; revenue surged in the first half of 2026. Coverage highlights its AI cloud infrastructure focus and large first-half losses.
Anthropic and OpenAI are reportedly pursuing data center capacity deals in the 20-30 megawatt range. These smaller-scale agreements are being explored in the UK, Northern Europe, and the US to accelerate the deployment of AI model workloads.