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Nscale CEO Touts Doubling of Contract Value in Note to Employees

Source: Bloomberg

Artificial IntelligenceIPOs & SPACsPrivate Markets & VentureCompany Fundamentals

Nscale CEO told staff that the value of the company’s computing-power contracts has more than doubled since its March funding round. The AI cloud-computing company is also facing investor pushback on its target IPO valuation; the article gives no contract value, valuation figure, or IPO timing.

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