Some investors are pushing back on the roughly $30bn valuation that British AI cloud company Nscale is seeking in its planned New York listing, Bloomberg reported on Sunday. A valuation of $16bn to $19bn would be more likely to attract buyers, a group of investors told Bloomberg. No decisions have been made, and Nscale has not yet formally […]
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The market is suspicious of the complex funding structures that sustain massive investments. The largest computing power rental company plummets by 25%