The Information — AI · · 1 min read

Nscale IPO Files to Go Public, Shows Huge Revenue Jump And Steep Losses

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Nvidia-backed startup Nscale disclosed Friday that revenue had surged 10 times in the first half of this year from the year-ago period, but losses mounted as the cloud startup spent billions on data centers and the AI chips they’ll house.

The two-year-old UK startup, a spinout of an Australian ...

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