Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Nscale plans to go public with a target valuation of 30 billion dollars.

Nscale plans to go public with a target valuation of 30 billion dollars.

AiCoinAiCoin2026/10/30 16:07
Show original
Bitcoin mining company turned AI data center developer Nscale plans to pursue an IPO, targeting a valuation of $30 billion. Nscale claims to have signed $103 billion in contracts, but by August 2026 will have delivered only 55 MW of computing power, far below the potential contract demand of 10 GW. Nscale’s data center projects are facing delays, safety violations, and operational challenges. Microsoft has already withdrawn from one of Nscale’s data center projects in the UK. (Source: Bloomberg)
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Rumor: Tesla (TSLA.US) and SpaceX (SPCX.US) plan Terafab monthly production of one million wafers, feasibility questioned

According to reports, Tesla (TSLA.US) and SpaceX (SPCX.US) plan to achieve a production capacity of 1 million semiconductor wafers per month at the proposed Terafab factory starting in 2032.

智通财经•2026/11/09 11:09
Rumor: Tesla (TSLA.US) and SpaceX (SPCX.US) plan Terafab monthly production of one million wafers, feasibility questioned

SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries

A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.

华尔街见闻•2026/11/09 10:26
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries