{"id":949033,"date":"2026-11-01T18:52:13","date_gmt":"2026-11-01T18:52:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/949033\/"},"modified":"2026-11-01T18:52:13","modified_gmt":"2026-11-01T18:52:13","slug":"nscales-50b-ipo-relying-on-make-or-break-ai-project","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/949033\/","title":{"rendered":"Nscale\u2019s $50b IPO relying on make-or-break AI project"},"content":{"rendered":"<p>Ryan McMorrow, Kieran Smith, Rachel Rees and David Hindley<\/p>\n<p>Nov 1, 2026 \u2013 4.00pm<\/p>\n<p>Nscale, one of the UK\u2019s most valuable start-ups, is facing mounting setbacks and financing risks on a vast US data project that underpins its planned $US35 billion ($50 billion) IPO.<\/p>\n<p>The Nvidia-backed \u201cneocloud\u201d, which counts former Meta executive Sheryl Sandberg and ex-UK deputy prime minister Sir Nick Clegg as board members, is pinning its hopes on a rural site in West Virginia to be the main driver of future revenues.<\/p>\n<p>Loading&#8230;<\/p>\n<p class=\"_137dbe642694dac0-source\">Financial Times<\/p>\n","protected":false},"excerpt":{"rendered":"Ryan McMorrow, Kieran Smith, Rachel Rees and David Hindley Nov 1, 2026 \u2013 4.00pm Nscale, one of the&hellip;\n","protected":false},"author":2,"featured_media":949034,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":["post-949033","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/949033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=949033"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/949033\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/949034"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=949033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=949033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=949033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}