Nscale Raises $3.36 Billion in Convertible Notes Ahead of U.S. IPO
Nscale has raised $3.36 billion in convertible notes led by Third Point, with $1 billion from Nvidia, ahead of a NYSE IPO expected to value the AI neocloud at $35 billion.
Topic
AI Infrastructure
Topic
AI Infrastructure
Nscale Raises $3.36 Billion in Pre-IPO Financing
Third Point led the round with NVIDIA, Apollo and Citadel. The convertible notes convert to equity at IPO, funding Nscale's push…
Nscale Raises $3.36 Billion in Pre-IPO Convertible Notes Led by Third Point
Nscale raised $3.36 billion in pre-IPO convertible notes led by Third Point, with NVIDIA committing $1 billion, ahead of a planne…
PicoJool Raises $27.5M Series A to Scale AI Data Center Optics
Socratic Partners led the $27.5M round for the Palo Alto VCSEL maker, bringing total funding to $39.5M. The money funds factories…
Nscale Files for New York Listing Seeking Up to $35 Billion Valuation
Nscale filed for a New York IPO at up to $35 billion despite a $1.02 billion six-month loss, leaning on $103 billion in contracts…
Leviton Commits $100 Million to AI and Smart Building Networks
Leviton will deploy $100 million globally to expand network infrastructure for AI workloads and smart buildings, raising the stak…
Nscale Seeks $35 Billion IPO Valuation With Nvidia Footing the Bill
Nscale filed for a New York IPO at up to $35 billion despite a $1.02 billion six-month net loss, with Nvidia committing $1 billio…
Snorkel AI Triples Valuation to $3.5 Billion
Snorkel AI tripled its valuation to $3.5 billion as enterprise demand for high-quality AI training data accelerates, TechCrunch r…
Modal Labs in Talks to Raise Funds at $15 Billion Valuation
Modal Labs is negotiating a funding round at a $15 billion valuation, Bloomberg News reports, in the latest sign of surging inves…
Firecrawl Raises $75 Million as Web Scraping Heats Up
Web scraping startup Firecrawl has closed a $75 million investment, SiliconANGLE reported, a nine-figure bet that demand for stru…
Generac's Amazon Deal Could Be Worth Up to $8 Billion
Generac stock jumped on a $2.4 billion supply deal with Amazon that could reach $8 billion. Warrants, backlog and hyperscale cont…