Nvidia-backed AI cloud provider Nscale is meeting with investors ahead of a potential initial public offering.
The UK-based firm targets a valuation of up to $25 billion.
Goldman Sachs and JPMorgan are advising on the listing, which could occur as early as this fall.
A March 2026 funding round previously valued the company at $14.6 billion.
Nscale recently acquired AI software startup Anyscale for approximately $1.65 billion to bolster its software capabilities.