Nscale har offisielt søkt om børsnotering i New York

Nscale, a British company, has officially sought stock listing on the New York Stock Exchange. Specific details regarding the number of shares to be sold and the price remain undisclosed. The company reported a profit of $1.02 billion and revenue of $140.6 million in the first half of the year, according to documents filed with the US Securities and Exchange Commission (SEC), as reported by Bloomberg.

In the previous year's same period, Nscale reported a net loss of $368.9 million and revenue of $10.4 million. The proposed offer will only be available through a prospectus, which can be obtained from Goldman Sachs, among the banks leading the process of the stock listing. A registration declaration related to securities is submitted to the SEC but has not yet taken effect.

Nscale is a Norwegian company, with Kjell Inge Røkke Aker as the largest shareholder, having acquired a 23.9% stake since March. The company now holds the second-largest shareholding in Aker's portfolio. Nscale develops artificial intelligence (AI) data centers and has Nvidia and Microsoft as partners. Bloomberg News indicates that the company aims to raise up to $3 billion before the stock listing.

Nscale has also been in discussions with potential investors about raising an additional $3.5 billion in financing. In the US, Nscale has facilities in West Virginia and a data center in Texas. In August, it was reported that the company had entered into an agreement worth $45 billion to provide AI computing capacity to AI giant Anthropic.

AI giant Anthropic is the customer, as per Bloomberg. Nscale also has significant operations in Europe, including Norway. The company plans to invest 100 billion Norwegian krone in a data center expansion in Narvik and recently secured a smaller data center in Sauda. Additionally, Nscale plans for a potential mega expansion in Skien.