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Nscale Investors Seek Lower IPO Target Amid AI-Related Concerns

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Artificial intelligence cloud company Nscale is reportedly facing pushback from investors to its IPO valuation target. Some backers are balking at the company’s initial public offering (IPO) goal of around $30 billion, instead suggesting a range of $16 billion to $19 billion, Bloomberg News reported Sunday (Oct. 18). The report, citing sources familiar with the […]

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