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
British AI data center developer Nscale is pursuing an IPO, with most of its revenue coming from Microsoft and Anthropic.
Why it matters: The offering will test investor appetite for AI bets whose revenue is concentrated among a few large customers.
Written by AI from TechCrunch AI'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
London neocloud Nscale takes its $1B loss to Wall Street
The Register AI + ML · 21 Sept 2026, 17:15
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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