Nvidia-backed AI cloud firm Nscale considers delaying $35 billion listing, the Telegraph reports

Advertisement Business Nvidia-backed AI cloud firm Nscale considers delaying $35 billion listing, the Telegraph reports 11 Nov 2026 03:28AM (Updated: 11 Nov 2026 04:18AM) Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST. Get bite-sized news via a new cards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST Nov 10 : Nscale, a British cloud provider backed by chip giant Nvidia, is considering delaying a $35 billion stock market listing, the Telegraph reported on Tuesday. Executives at the data-centre developer are assessing whether to pause efforts to go public until next year, the report added. Nscale did not immediately respond to a Reuters request for comment outside regular business hours. The report comes days after Reuters reported that Microsoft had declined an option to expand its existing agreement with Nscale to rent more computing power at a Texas data center. CNA Games Guess Word Crack the word, one row at a time Buzzword Create words using the given letters Mini Sudoku Tiny puzzle, mighty brain teaser Mini Crossword Small grid, big challenge Word Search Spot as many words as you can Show More Show Less The London-based company filed for an IPO in September, when it sought about $3.5 billion in funding, including $2 billion from Nvidia. Nscale plans to list on the NYSE under the symbol "NSCL." The news about Nscale's IPO comes as Anthropic moves ahead with its own listing plans. The AI giant on Tuesday filed an updated prospectus for its IPO, seeking a valuation of up to $1.4 trillion, slightly short of some investors' expectations. Anthropic's IPO is seen as a key test of Wall Street's faith in the AI boom it helped ignite. Source: Reuters Newsletter Week in Review Subscribe to our Chief Editor’s Week in Review Our chief editor shares analysis and picks of the week's biggest news every Saturday. Sign up for our newsletters Get our pick of top stories and thought-provoking articles in your inbox Subscribe here Get the CNA app Stay updated with notifications for breaking news and our best stories Download here Get WhatsApp alerts Join our channel for the top reads for the day on your preferred chat app Join here Advertisement Also worth reading Content is loading... Advertisement Expand to read the full story Get bite-sized news via a new cards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST