Sources: London-based AI infrastructure startup Nscale is in talks to raise as much as $3.5B in financing, including $2B from Nvidia, ahead of a planned IPO (Bloomberg)

London-based AI infrastructure startup Nscale is reportedly in discussions to secure up to $3.5 billion in financing. This funding round, which includes a significant $2 billion investment from Nvidia, is being pursued by the cloud computing firm ahead of its anticipated initial public offering (IPO). The talks involve various potential investors as Nscale aims to bolster its financial position.