✉news BusinessStartups first seen 5 h ago, last 29 min ago, peak #12
British data centre startup Nscale targets $35bn New York IPO
Original: Latham, Milbank lead on British data centre startup Nscale’s $35bn New York IPO
British data centre startup Nscale is reportedly pursuing a $35 billion initial public offering in New York, with law firms Latham & Watkins and Milbank leading on the deal. The flotation would mark a major exit for the UK-founded company as investor interest in AI infrastructure and data centres continues to drive some of the largest listings in the technology sector.
Why now: A $35bn valuation for a British startup listing in New York rather than London is striking amid the AI infrastructure boom and ongoing debate about UK companies choosing US markets.
NscaleLatham & WatkinsMilbankNew York Stock Exchange
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- Latham, Milbank lead on British data centre startup Nscale’s $35bn New York IPO · nonbillable.co.uk
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