On July 31, according to reports, AI cloud service provider nScale is advancing its initial public offering plan and has already met with potential investors. It plans to hold an Investor Day event in New York next week to introduce the listing plan to analysts and investment institutions. Nscale is likely to go public in the fall of this year as soon as possible, but the IPO process may be delayed depending on market conditions. The investment bank's previously proposed company valuation target is about 25 billion US dollars, which is higher than Nscale's valuation of 14.6 billion US dollars when it raised in March this year.

On July 31, according to reports, AI cloud service provider nScale is advancing its initial public offering plan and has already met with potential investors. It plans to hold an Investor Day event in New York next week to introduce the listing plan to analysts and investment institutions. Nscale is likely to go public in the fall of this year as soon as possible, but the IPO process may be delayed depending on market conditions. The investment bank's previously proposed company valuation target is about 25 billion US dollars, which is higher than Nscale's valuation of 14.6 billion US dollars when it raised in March this year.