NVIDIA has committed to investing $1 billion in NScale, with the funds expected to be in place by mid-November.
45 minutes ago
Beating AI News Flash: Per market sources, Nvidia has pledged a $1 billion investment in AI computing power firm Nscale, with the funds expected to be in place mid-November. On September 19 earlier this year, AI data center operator Nscale filed an IPO application with the U.S. SEC, planning to list in New York and raise up to $3 billion under the proposed ticker symbol NSCL. The company spun off from its cryptocurrency mining business in early 2024 and has since transitioned to become an AI computing infrastructure service provider. According to the prospectus, as of August 2026, Nscale owns and controls data centers with a power capacity exceeding 10GW, with total contract value of roughly $103 billion, including a $45 billion lease commitment from Anthropic this August. The company’s clients and partners include Nvidia, Microsoft, and other firms.
Akamai’s stock surges 16% after signing a $11.6 billion computing power contract with Anthropic.
2 minutes ago
US-listed PayPal shares rose 1.5%, hitting an intraday high.
2 minutes ago
US midterm elections approaching: Control of Congress to be decided by the November 3 vote.
2 minutes ago
The first crypto tax filing season in the US is underway: trading platforms report transaction volumes, while cost bases must still be calculated independently by taxpayers.
2 minutes ago
The three major U.S. stock indexes opened higher, with the storage sector seeing broad gains.
2 minutes ago
Bitcoin falls below $84,000
2 minutes ago
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