Filing: Nscale says it needs more funding for its 2027 commitments after ordering Nvidia chips for a $45B Anthropic deal, casting doubt on its planned $35B IPO (Financial Times)

Sources: Microsoft rejects an option to more than double its Texas data center contract with Nscale, dealing a fresh blow to Nscale's ambitions for a $35B IPO (Financial Times)

Sources: Anthropic's bankers are weighing plans to raise its IPO price following heavy demand, which could increase the valuation target to $1.5T or more (Financial Times)

Nvidia-Backed Cohere Says IPO Timing Uncertain Despite Surging Revenue