AI cloud provider Nscale files to go public

Nscale, a cloud provider specializing in infrastructure for artificial intelligence models, has filed to go public on the New York Stock Exchange under the ticker symbol "NSCL." The company had a $1.02 billion net loss on $140.6 million in revenue in the six months ended June 30, 2026, according to its prospectus for an initial public offering. The net loss over the same time period a year earlier was $368.9 million, while revenue was up 1,252% from $10.4 million. Nscale pointed to $56.4 billion in remaining performance obligations. Competitors include market-leading cloud providers such as Amazon , as well as younger AI-centric suppliers like CoreWeave and Nebius that are known as neoclouds.