[AI Cloud Computing Company Nscale Seeks $3.5 Billion Pre-IPO Financing] According to a report by Jinse Finance, on September 5, Nscale, a company focused on artificial intelligence cloud computing, is seeking pre-IPO financing with plans to raise up to $3.5 billion. Sources familiar with the matter revealed that the London-based company intends to sell up to $1.5 billion in convertible bonds to investors and is seeking approximately $2 billion in financing support from NVIDIA. Insiders stated that Third Point, led by Daniel Loeb, will lead the convertible bond investment, with Goldman Sachs involved in the fundraising arrangements. Following this round of financing, Nscale also plans to proceed with an initial public offering (IPO), with previous reports suggesting the IPO could raise approximately $3 billion. Nscale has informed investors that the total value of its contracts is approximately $10.3 billion, including a $45 billion compute power supply agreement with Anthropic. The company estimates future annual revenue of approximately $18.1 billion and adjusted EBITDA of around $13.6 billion, though it emphasized that these figures are merely illustrative estimates and not official guidance. Nscale is currently constructing a large data center campus in Norway for Microsoft and is developing a major project in West Virginia, USA. The company has already procured approximately 194,000 NVIDIA Vera Rubin GPUs.