AI cloud company Nscale is eyeing an IPO, the company confirmed to CNBC Wednesday as it announced a $14-billion deal with U.S. tech giant Microsoft.The London-based company, which provides technology infrastructure to help AI scale, has "public market ambitions" which could be realized in the "back end of next year," Chief Executive Josh Payne told the Financial Times on Wednesday.A company spokesperson declined to comment on where the company is considering listing.On Wednesday Nscale announced an "expande ...

Core Insights - Nscale has signed a significant deal with Microsoft to provide approximately 200,000 NVIDIA GB300 GPUs for AI infrastructure across Europe and the U.S., marking one of the largest contracts in this sector [1][3][8] - The partnership aims to meet the increasing demand for AI infrastructure, with Nscale planning to expand its capacity to support future advancements in AI technology [2][3] Company Overview - Nscale is a vertically integrated AI cloud provider with data centers, GPU clusters, and AI services, focused on delivering advanced AI infrastructure [2][7] - The company is headquartered in Europe and operates globally, emphasizing its commitment to sustainability and efficiency in AI technology delivery [3][7] Contract Details - Nscale will deliver approximately 104,000 NVIDIA GB300 GPUs at a 240MW hyperscale AI campus in Texas, with phased delivery starting in Q3 2026 [3][4] - An additional 12,600 NVIDIA GB300 GPUs will be delivered at the Start Campus data center in Sines, Portugal, starting from Q1 2026 [4] - The deal also includes plans for the UK's largest NVIDIA AI supercomputer at Nscale's Loughton AI Campus, housing around 23,000 GPUs from Q1 2027 [5][8] Strategic Importance - This agreement strengthens the UK-US Tech Partnership, highlighting the collaboration between Nscale and Microsoft in advancing AI infrastructure [6][8] - The contract will be executed across four countries and two continents, showcasing the global scale of the AI infrastructure rollout [8]