Anthropic founders plan share sales of about $250 million each in IPO
The seven co-founders would retain collective voting control after an offering that could value the company at $1.4 trillion.
Nvidia-backed Nscale weighs delay to $35 billion listing
Executives are reviewing whether to pause the IPO process, according to a media report. The British cloud provider plans to trade on the NYSE as NSCL.
British cloud provider Nscale is weighing a postponement of its $35 billion stock market listing, according to a media report on November 10. Executives at the Nvidia-backed data-center developer are considering whether to put its plans to go public on hold.
The London-based company submitted its IPO filing in September, when it sought funding of about $3.5 billion, including $2 billion from Nvidia. Its planned trading symbol on the NYSE is NSCL. Nscale did not immediately respond to a request for comment made outside normal business hours.
The possible delay follows a separate media report that Microsoft had chosen not to exercise an option to rent additional computing capacity under its existing agreement with Nscale at a Texas data center.
Meanwhile, Anthropic is proceeding with its own IPO preparations. It submitted a revised prospectus on November 10 seeking a valuation of up to $1.4 trillion, somewhat below what some investors had expected.