
AI cloud provider Nscale files for NYSE debut amid rising compute demand
Nscale, an AI cloud provider spun out of Arkon Energy, filed to go public on the NYSE under NSCL. For the first six months of 2026 it posted $140.6 million in revenue (up 1,252% year over year) but a net loss of $1.02 billion, with over $8 billion in debt and $56.4 billion in remaining performance obligations. The company counts OpenAI, Anthropic and Microsoft among customers, plans to expand into model inference and acquire Anyscale, and is supported by Nvidia, Dell and Fidelity among others, highlighting the current surge in AI compute demand.













