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Nscale Investors Seek Lower IPO Target Amid AI-Related Concerns

Artificial intelligence cloud company Nscale is reportedly facing pushback from investors to its IPO valuation target. Some backers are balking at the company’s initial public offering (IPO) goal of around $30 billion, instead suggesting a range of $16 billion to $19 billion, Bloomberg News reported Sunday (Oct. 18). The report, citing sources familiar with the […] The post Nscale Investors Seek Lower IPO Target Amid AI-Related Concerns appeared first on PYMNTS.com.

By PYMNTS

1 min read
Nscale Investors Seek Lower IPO Target Amid AI-Related Concerns
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