[Nscale's $30 Billion IPO Valuation Target Questioned, Some Investors Advocate Lowering to $16–19 Billion] According to Bloomberg, citing sources familiar with the matter, AI data center developer Nscale, backed by Nvidia, initially sought an IPO valuation of approximately $30 billion. However, some investors have recently advocated setting the valuation between $16 billion and $19 billion to attract buyers. Nscale is currently addressing feedback from the U.S. SEC on its listing application and plans to launch its roadshow after resolving the issues. Discussions are still ongoing, and no final decision has been made. Previously, Microsoft exited its data center collaboration project with Nscale in the UK due to project delays caused by power supply constraints.