AI Data Center Developer Nscale Files for NYSE IPO Backed by Nvidia and Microsoft Partnership

Nscale, a London-based developer of artificial intelligence data centers backed by partnerships with Nvidia and Microsoft, filed for an initial public offering on the New York Stock Exchange on September 18, 2026, seeking to tap into surging demand for AI computing infrastructure. The company plans to list under the ticker symbol NSCL and aims to raise as much as $3 billion in the offering, with Goldman Sachs, J.P. Morgan, and Morgan Stanley leading the effort. The filing values Nscale at approximately $30 billion, significantly above its $14.6 billion valuation from its Series C funding round in March 2026.