London-based AI infrastructure startup Nscale files for a US IPO, reports H1 2026 revenue up 1,252% YoY to $140.6M, with a net loss of $1.02B, up from $368.9M (Jordan Novet/CNBC)

London-based AI infrastructure startup Nscale has filed for a U.S. initial public offering. Its first-half 2026 revenue rose 1,252% year-over-year to $140.6 million, while the company reported a net loss of $1.02 billion, an increase from a $368.9 million loss in the prior period.