Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.
Scores, valuations, and signals for Nscale, Scale AI, and 370+ companies. 5-min read every Tuesday.
AI hyperscaler building vertically-integrated GPU cloud infrastructure for AI training and inference. $2B Series C (March 2026) at $14.6B valuation. Backed by NVIDIA, Dell, Aker ASA. Hired Goldman Sachs and JPMorgan as IPO underwriters — targeting public listing H2 2026.
| Industry | AI Infrastructure / Cloud |
| Stage | Public |
| IPO Status | Public |
| Valuation | $21.4B |
| Total Funding | $13.5B |
| Headquarters | London, UK |
Scale AI provides AI training data infrastructure — human annotation, synthetic data generation, and evaluation platforms that help AI companies like OpenAI, Anthropic, Google, and the U.S. Department of Defense build better models. Revenue comes from enterprise AI lab contracts and government/defense work.
| Industry | Artificial Intelligence |
| Stage | Public |
| IPO Status | Public |
| Valuation | $32.4B |
| Total Funding | $4.1B |
| Headquarters | San Francisco, CA |
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Nscale is valued at $21.4B. Scale AI is valued at $32.4B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.
Nscale's revenue is not publicly disclosed. Scale AI reported 1800000000 arr revenue in 2024. Revenue figures are sourced from TechStackIPO's company database and updated as new data becomes available.
Nscale filed an S-1 in September 2026 and is actively in the IPO pipeline. Scale AI filed an S-1 in September 2026 and is actively in the IPO pipeline. Track both companies on TechStackIPO for S-1 filings, roadshow announcements, and IPO date updates.
Nscale has raised $13.5B. Scale AI has raised $4.1B.
Nscale operates in AI Infrastructure / Cloud, while Scale AI operates in Artificial Intelligence.
Nscale is a AI Infrastructure / Cloud company valued at $21.4B with $13.5B raised. Scale AI is a Artificial Intelligence company valued at $32.4B with $4.1B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor access options.
Accredited investors can access pre-IPO shares in Nscale and Scale AI through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.