Corroborated event · 4 outlets
Former UK deputy prime minister Nick Clegg, a board member of datacentre company Nscale, could make about $40m (£30m) from the company's planned flotation on the US stock market.
AI brief
London-based GPU cloud provider Nscale is reportedly pursuing a New York IPO at a valuation of up to $35 billion, after posting a $1 billion loss.
Written by AI from The Register AI + ML's published text. Read the original for full details.
More coverage of this story (3)
Nick Clegg could make £30m from Nscale's planned flotation
Nick Clegg could make £30m windfall from datacentre startup Nscale flotation
Guardian Technology · 22 Sept 2026, 14:57
Nscale’s IPO will test Wall Street’s appetite for concentrated AI bets once again
TechCrunch AI · 22 Sept 2026, 12:23
On theCUBE Pod: Dreamforce unveils the agentic dream, and Nscale files to go public
SiliconANGLE AI · 21 Sept 2026, 16:03
Primary source
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