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Nscale's updated IPO prospectus shows Q3 revenue up 1,344% YoY to $307.5M, up from $140.6M in Q2; net loss widened to $1.69B, up from $1.02B in Q2 (Jordan Novet/CNBC)

Techmeme
November 13, 2026 at 5:50 AM
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Nscale's updated IPO prospectus shows Q3 revenue up 1,344% YoY to $307.5M, up from $140.6M in Q2; net loss widened to $1.69B, up from $1.02B in Q2 (Jordan Novet/CNBC)

Jordan Novet / CNBC: Nscale's updated IPO prospectus shows Q3 revenue up 1,344% YoY to $307.5M, up from $140.6M in Q2; net loss widened to $1.69B, up from $1.02B in Q2  —  Nvidia-backed neocloud Nscale on Thursday released updated paperwork for a U.S. initial public offering.  —  The company had a third-quarter net loss …

Jordan Novet / CNBC:
Nscale's updated IPO prospectus shows Q3 revenue up 1,344% YoY to $307.5M, up from $140.6M in Q2; net loss widened to $1.69B, up from $1.02B in Q2  —  Nvidia-backed neocloud Nscale on Thursday released updated paperwork for a U.S. initial public offering.  —  The company had a third-quarter net loss …