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The Zhitong Finance App learned that, according to people familiar with the matter, after a series of artificial intelligence (AI) companies have experienced market setbacks, Nscale is facing opposition from investors to its initial public offering (IPO) valuation goals. According to people familiar with the matter, the NVDA.US (NVDA.US) -backed data center developer has been seeking an IPO valuation of around $30 billion. However, some sources said that recently, a group of investors urged the company to consider a valuation range of 16 billion to 19 billion US dollars, believing that this valuation is more likely to be favored by buyers. One important factor is that Australian AI data center company Firmus's IPO plan declared bankruptcy.

Zhitongcaijing·10/19/2026 00:41:05
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The Zhitong Finance App learned that, according to people familiar with the matter, after a series of artificial intelligence (AI) companies have experienced market setbacks, Nscale is facing opposition from investors to its initial public offering (IPO) valuation goals. According to people familiar with the matter, the NVDA.US (NVDA.US) -backed data center developer has been seeking an IPO valuation of around $30 billion. However, some sources said that recently, a group of investors urged the company to consider a valuation range of 16 billion to 19 billion US dollars, believing that this valuation is more likely to be favored by buyers. One important factor is that Australian AI data center company Firmus's IPO plan declared bankruptcy.