Nscale seeks about $3.5 billion pre-IPO funding, source says

Sept 4 : Cloud infrastructure provider Nscale is in talks with potential investors to raise about $3.5 billion in pre-IPO funding, a source familiar with the matter said on Friday.Nscale intends to sell as much as $1.5 billion of convertible notes to a group of investors and aims to secure about $2 billion f

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