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Nvidia-backed AI cloud firm Nscale reveals revenue surge in US IPO filing
Nscale, a British cloud provider backed by chip giant Nvidia , said on Friday its revenue surged 1,252% in the first half of 2026, as it looks to tap investor appetite for AI stocks.
The London-based company posted a net loss of $1.02 billion on revenue of $140.6 million in the six months ended June 30, compared with a net loss of $368.9 million on revenue of $10.4 million a year earlier, according to its IPO filing.
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