#Data Center

Investors Push Back Nscale IPO Valuation to $16B–$19B Amid Data Center Delays

Prospective institutional investors are demanding that UK-based GPU cloud provider Nscale slash its target IPO valuation from $30B–$35B down to $16B–$19B, citing six-month construction delays in Norway, Microsoft's Essex exit, and a $1.02B H1 net loss.