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Nscale Investors Seek Lower IPO Target Amid AI-Related Concerns
Summary
Investors in AI cloud company Nscale are reportedly pushing back against its planned IPO valuation of about $30 billion. Some backers favor a target between $16 billion and $19 billion instead.
The proposed valuation could fall by roughly one-third to nearly one-half before Nscale reaches public
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Nscale’s pricing debate is an early test of whether public-market investors still accept peak AI valuations.