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Nscale’s $30B IPO Ambition Meets Investor Pushback

Nscale’s $30B IPO Ambition Meets Investor Pushback

Bloomberg... · 46:12 · 4,755 plays

From the album Bloomberg Tech

Description

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.See omnystudio.com/listener for privacy information.

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