Nvidia-Backed Data Center Firm Nscale Files Publicly for US IPO

(Bloomberg) -- Nscale, a developer of artificial intelligence data centers that counts Nvidia Corp. and Microsoft Corp. among its partners, filed for an initial public offering in New York to tap into AI's insatiable demand for computing power. Most Read from Bloomberg Saudis Give European Oil Buyers No Supplies for Next Month Zuckerberg Has an AI Empire to Build. Meet the Adviser Who Handles the Details McDonald's Is Planning to Revamp Its Value Strategy to Revive US Sales Fed Raises Rates to Curb Inflation, Drawing Rebuke From Trump Warsh Defies Trump's Calls for Rate Cut as War Stokes Inflation The London-based firm had a net loss of $1.02 billion on revenue of $140.6 million for the six months ended June 30, compared with a net loss of $368.