Nscale vs ScalePost

Nscale's IPO tests Wall Street's appetite for concentrated AI bets

British neocloud Nscale is preparing for an IPO on the NYSE, aiming for a $35 billion valuation and raising $3 billion. The company, spun out of Arkon Energy two years ago, has amassed over $103 billion in contracts, but 85% of that is tied to two customers: Microsoft ($43.8 billion) and Anthropic ($44.6 billion). Anthropic's deal is contingent on Nscale securing financing and meeting stringent milestones. Nscale reported revenue of $140.6 million for H1 2026, with net losses of $1.02 billion. The IPO will test investor appetite for companies with high customer concentration, a trend highlighted by a Sona Asset Management paper. Competitors include CoreWeave, Nebius, Lambda, and Crusoe.

• Nscale plans to list on NYSE with a target valuation of $35 billion.
• The company seeks to raise $3 billion in its IPO.
• Nscale has $103 billion in contracts, with 85% from Microsoft and Anthropic.

Nscale Files for US IPO Targeting $30B Valuation

British AI infrastructure company Nscale has filed its IPO prospectus with the US SEC, aiming to list on the New York Stock Exchange under the ticker 'NSCL'. The company seeks a valuation of around $30 billion, as reported by CNBC via Reuters, a significant jump from its last private round valuation of $14.6 billion. Nscale, which transitioned from Bitcoin mining to AI compute, reported first-half 2026 revenue of $140.6 million, a 1,252% increase, but also a net loss of $1.02 billion. Its order book stands at $103.4 billion, with Microsoft and Anthropic contracts totaling $88.4 billion. The company recently secured $3.1 billion in convertible notes, with Nvidia as a key investor. Nscale faces high customer concentration, a going-concern note, and dependence on a few suppliers. Goldman Sachs, J.P. Morgan, and Morgan Stanley are lead underwriters.

• Nscale filed an IPO prospectus with the SEC to list on the NYSE under the ticker 'NSCL'.
• Targeted valuation is approximately $30 billion.
• First-half 2026 revenue was $140.6 million, up 1,252% year-over-year; net loss was $1.02 billion.

Nscale Files Registration Statement for Proposed Initial Public Offering

Nscale has filed a registration statement for a proposed initial public offering, as announced on September 18, 2026.

ScalePost launches About page with team and advisors, announces Awin partnership

ScalePost's about page now lists CEO Ahmed Malik, Head of Partnerships Gregory Love, engineers Matt Rkiouak and Siméon Ferez, and advisors including Siri co-founder Adam Cheyer, former Fast Company CEO Eric Schurenberg, and CNBC founder Tom Rogers. The page also features a press release about a partnership with Awin to expand discovery intelligence.

Awin Expands Discovery Intelligence with AI Visibility

Awin announced on 1 July 2026 a set of platform enhancements and a new partnership to measure and improve brand visibility inside AI-driven discovery experiences. The global marketing-technology company revealed a collaboration with ScalePost and additional collaborations with Peec.ai and Profound to capture first-party AI citation data and link those signals to conversion metrics. Awin is launching platform features including “AI Visibility” and “Smart Search” to show when and how brands appear in AI applications, help publishers understand their contribution to discovery, and speed publisher partner selection via natural-language search. The move responds to rising “zero-click” AI answers in search and aims to give advertisers clearer, first-party measurement of AI-driven discovery across the customer journey.

• Awin announced a partnership with ScalePost to capture first-party AI citation data and improve visibility into AI-driven brand discovery.
• Awin introduced new platform features named AI Visibility and Smart Search to measure brand appearances in AI applications and simplify publisher partner discovery.
• Awin said linking first-party citation data with its conversion signals can raise observed engagement by three- to six-fold.

Awin Expands Discovery Intelligence with ScalePost Partnership

Awin announced a partnership with ScalePost and a set of platform enhancements aimed at measuring and acting on AI-driven brand discovery. The company introduced capabilities named AI Visibility and Smart Search to show when brands are surfaced in AI-driven experiences and to help advertisers find publisher partners using natural-language prompts. ScalePost will act as an additional measurement layer, using first‑party data to record real AI citations. Awin also cited collaborations with Peec.ai and Profound to broaden influence measurement across the customer journey, and claimed that accounting for AI interactions can increase observed engagement by three to six times.

• Awin announced a partnership with ScalePost to improve measurement of AI-driven brand discovery.
• Awin introduced new platform features called AI Visibility and Smart Search to surface AI-driven discovery signals and speed partner discovery.
• ScalePost uses first‑party data to measure real AI citations and will act as an additional measurement layer.