Developer of a high-performance compute platform designed for simplifying artificial intelligence workloads and scaling generative models.

Most ValuableIPO Watchlist
LBX PPS
1Y return
$992
Implied Valuation
$16.4B
+12.3% premium
Last Round
Mar 2026
$883
Later Stage VC · $14.6B
Activity
0.4
#149 most active

Price per share

12M · USD

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Funding history

$M raised · $B post-money

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Signals

5 latest

Nscale and Figure Sign $3.5 Billion GPU Partnership with Equity Investment

Nscale and humanoid robotics firm Figure AI signed a strategic partnership worth about $3.5 billion covering up to 100,000 GPUs on NVIDIA's Vera Rubin platform, with Nscale also taking an equity stake in Figure.

Source: Figure

Nscale Reports $103 Billion in Contracted Revenue Ahead of Potential IPO

Nscale said its contracted revenue has roughly doubled to about $103 billion following the Anthropic compute deal, a figure disclosed as the company weighs a potential IPO.

Source: The Information

Anthropic Signs $45 Billion Compute Deal with Nscale for West Virginia Data Center

Anthropic has agreed to a roughly $45 billion deal for AI computing capacity at Nscale's Monarch Compute Campus in Mason County, West Virginia, according to reports confirmed by the state's governor.

Source: WV MetroNews

Nscale Closes $790 Million Financing for Norway Data Center

Nscale secured US$790 million in financing for its Norwegian data center project, with Latham & Watkins advising on the deal.

Source: Legal Desire

Nscale Acquires Anyscale, Enhancing its Full Stack AI Cloud Platform

Nscale, a full-stack AI cloud platform, today announced it has entered into a definitive agreement to acquire Anyscale, the platform for scaling any AI workload - data processing, training, inference and reinforcement learning - across thousands of GPUs.The acquisition brings together two highly complementary companies. Nscale supplies the infrastructure – GPUs, data centers, power – and the software that AI runs on. Anyscale brings the software layer that machine learning engineers and AI platform teams use to run their workloads. Anyscale’s software layer will expand Nscale’s existing software capabilities to further extend Nscale’s full stack AI cloud offering, from power to production AI. 

Source: NScale

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