Forbes values Aliko Dangote at $51.7 billion, more than the combined wealth of South Africa's eight billionaires, while ...

Femi Otedola gained about $815 million in the third quarter as First HoldCo shares rose 180% while he spent 351 billion naira ...

Nscale, a British neocloud, has secured $3.36 billion in financing ahead of its IPO later this year, the company announced on Friday. Structured as a convertible note, the massive funding round ...

Nscale has secured $3.36 billion in funding led by Third Point and Nvidia to expand its AI data center capacity. The firm is now preparing for a New York Stock Exchange IPO with a targeted valuation ...

Alphabet disclosed in July that its private-company holdings were worth $124.3 billion, a figure that mostly reflects one investment. Anthropic has reportedly delayed its initial public offering to ...

When British neocloud Nscale goes public, it will test public investors’ appetite for a stock whose revenue is tied primarily to two customers. Since it was spun out of Australian cryptocurrency ...

The revenue in the first half of the year was 5.393 billion yuan, and the net profit was 661 million yuan. Hisense Group completed a spin-off, and this company has been listed on the Hong Kong stock ...

Anthropic reportedly is pushing back its IPO to November, while fellow artificial intelligence startup giant OpenAI forecasts huge negative cash flow over the next several years. Anthropic plans to ...

Latham & Watkins and Milbank are advising AI infrastructure firm Nscale on its IPO on the New York Stock Exchange after filings were submitted to the securities and exchange commission. The ...

Nvidia-backed AI cloud provider Nscale has submitted an S-1 filing for a US IPO on the New York Stock Exchange, targeting a valuation of up to $35 billion. Led by Goldman Sachs, JPMorgan, and Morgan ...

My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. BP has agreed to sell a 5% stake in Woodside Energy’s proposed US$35 billion gas megaproject in Australia, ...

The Nscale IPO could value the Nvidia-backed AI infrastructure provider at up to $35 billion. The British company filed for a New York Stock Exchange listing on Sept. 18 under ticker NSCL. However, ...