Nscale founder and CEO Josh Payne leads a London AI cloud that Jensen Huang said was a "zero" before Nvidia invested and helped it recruit its board, Fortune reported. Nscale is preparing to go public at a valuation of up to $35 billion and has said it expects to list on the NYSE under the ticker NSCL.
Payne said in October 2025 that he expected to go public around the end of 2026, according to Sifted. Nscale's filing shows a $1.02 billion first-half loss on $140.6 million of revenue.
Source: Fortune