Nscale, a British AI infrastructure company founded just two years ago, has said it may go public as early as later this month. Ahead of that expected IPO, the company is reportedly in talks to raise an additional $3.5 billion.
Bloomberg reported Friday that the company is looking to sell $1.5 billion in convertible notes — a type of loan that can later convert into company stock — to a group of investors, while also seeking an additional $2 billion in financing from Nvidia.
