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London-based data center builder Nscale filed an amended prospectus on Thursday stating it must secure additional financing to meet 2027 obligations. Total debt reached $5.5 billion by September, while biggest client Anthropic holds a $44.6 billion contract for a West Virginia site. Nscale plans to list on the New York Stock Exchange under ticker NSCL.
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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)
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