[Nvidia-Backed AI Data Center Nscale Secretly Files for IPO] According to Bloomberg, Nscale, an AI data center development company backed by Nvidia and Microsoft, has publicly filed for an IPO with the U.S. Securities and Exchange Commission (SEC) to raise funds for purchasing equipment to meet the growing demand for AI computing power. Disclosure documents show that for the six months ending June 30, Nscale reported revenue of $140.6 million and a net loss of $1.02 billion; during the same period last year, revenue was only $10.4 million, with a net loss of $368.9 million.