Startups and VCUpdated 2h ago

Nscale’s filing reveals $5.5 billion in debt and greater reliance on Nvidia

In its regulatory filing ahead of the planned IPO, Nscale says it needs more cash and discloses $5.5 billion in debt. It also says its debt has increased significantly and that it is more reliant on Nvidia than previously disclosed. Nscale had already told investors it needed additional financing for Anthropic contracts; this filing adds the debt figure and Nvidia reliance to that picture.

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