Bloomberg's Brody Ford said that issues facing the IPO of AI firm Nscale are 'endemic' to the larger AI data center industry as developers try to source power and labor and contend with potential delays. Bloomberg's Bailey Lipschultz said that the tone has shifted for AI IPOs as more companies slow down on going public before the end of the year. Video Transcript 00:00 Speaker A First of all, let's go to the scoop. Bailey, let's get to it. What do we know about uh Enscale? 00:04 Speaker B So our reporting calls out that this is a company that had been targeting about $30 billion in its valuation for its IPO. Investors are kind of saying, maybe closer to 16 to 19 would get it through. 00:23 Speaker A That's a haircut. 00:24 Speaker B Huge haircut.
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