Skip to main content
Products

Nscale said to seek up to $3.5 billion in financing

Bloomberg reports that London-based AI infrastructure startup Nscale is in talks to raise as much as $3.5 billion ahead of a planned IPO. The proposed financing includes up to $2 billion from Nvidia, according to the report. Nscale is a cloud-computing firm focused on artificial intelligence.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
AI Products
AI Products

Nvidia's equity-investment value reportedly reaches $99 billion

CNBC reports that Nvidia has become one of the world's largest corporate backers of technology companies as the value of its equity investments rose tenfold over the past year to $99 billion. The supplied summary attributes the in...

AI Products
AI Products

Nvidia launches DLSS 5 in NBA 2K27 with RTX 50-series support

Nvidia has launched DLSS 5 in NBA 2K27, the only supported game for now, with official support limited to RTX 50-series GPUs. The rendering system combines training and game-engine data to infer lighting and shadows while scanned ...

Products AI
Products AI

Pri0r1ty Intelligence acquires Pirkx benefits platform

Pri0r1ty Intelligence has acquired UK employee-benefits platform Pirkx for an initial £50 cash payment plus a five-year royalty capped at £350,000. Pri0r1ty said it will integrate Pirkx's more than 10,800 active paying members, me...

Products Infrastructure
Products Infrastructure

TDS drops plan to acquire Array's remaining shares

Telephone and Data Systems has cancelled its planned acquisition of the Array Digital Infrastructure shares it does not already own. TDS holds an 82 percent stake in Array and said the parties could not agree on the form of consid...

Products Policy
Products Policy

Binance reportedly continues EU operations after MiCA licensing failure

Bloomberg reports, citing sources, that Binance is still operating in the European Union months after failing to obtain a MiCA license. The exchange is reportedly using workarounds to onboard new customers and reroute trading. The...

AI Products
AI Products

OpenRouter lists GPT-6 Astra with million-token context

OpenRouter listed GPT-6 Astra on September 4, offering an OpenAI-compatible API route to the model. The listing describes a 1,050,000-token context window, support for files and function calling, and prices of $10 per million inpu...