Nvidia-backed Nscale Wants to Ride the AI Infrastructure Boom to Wall Street: Files for NYSE IPO
London cloud company Nscale, backed by Microsoft and Nvidia, has filed to sell shares publicly on the New York Stock Exchange.
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London cloud company Nscale, backed by Microsoft and Nvidia, has filed to sell shares publicly on the New York Stock Exchange.
Snowflake reported strong fiscal Q2 product revenue growth of 37% to $1.49 billion, with AI products driving roughly half of the acceleration. The company raised fiscal 2027 product revenue guidance to $6.07 billion (36% YoY growth) and added 692 net new customers, bringing total customers to 14,554. Snowflake faces competition from Dell Technologies and Oracle, both expanding their AI capabilities, but maintains a strong position in enterprise data and AI markets.
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