Nscale’s $30B IPO Ambition Meets Investor Pushback
· 44 min
Episode Nscale’s $30B IPO Ambition Meets Investor Pushback
Bloomberg’s Ed Ludlow looks at why Nscale is facing pushback to its $30 billion IPO valuation target, with some investors suggesting $16 to $19 billion instead. Plus, Anthropic plans to put 5% of its shares into a new public benefit fund to address "the public good," and a former OpenAI software engineer charged with placing a recording device in one of the company's offices is set to appear in court today.
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