Neocloud Nscale Gets Ready to Pitch Investors on Multibillion Dollar IPO

A jittery stock market isn’t the best environment for new public listings. But one young startup with deep ties to the AI boom is marching ahead with its IPO plans, at least for now.

Nscale, a UK-based AI cloud provider heavily backed by Nvidia, has been meeting with prospective investors recently and scheduled an investor day to pitch analysts and investors next week in New York, according to people familiar with the matter. It’s working with Goldman Sachs and JP Morgan on the IPO, which could happen as soon as this fall, though Nscale could still choose to delay it.