IPO
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IPO
Neoclouds Are Quietly Lining Up Behind SpaceX for IPOs
Nscale hiring Goldman Sachs and JPMorgan for a possible late-2026 IPO, on the heels of a $14.6 billion private valuation and a $1.65 billion Anyscale acquisition, is an early look at the neocloud sector's own path toward public markets.
FUNDING
AI Infrastructure's Real Exit Ramp Is M&A, Not IPOs
FUNDING
AI Infrastructure's Real Exit Ramp Is M&A, Not IPOs
Three separate deals in the past week -- Nscale buying Anyscale, Okta buying Permiso, and IonQ closing on SkyWater -- show strategic acquisitions, not public listings, are becoming AI infrastructure's dominant exit path this cycle.
BIG TECH
Nscale Buys Anyscale for $1.65B to Own More of AI Stack
BIG TECH$1.65B acquisition
Nscale Buys Anyscale for $1.65B to Own More of AI Stack
AI cloud platform Nscale agreed to acquire Anyscale, the commercial steward of the open-source Ray framework, for roughly $1.65 billion, combining Nscale's power and data-center assets with Anyscale's workload orchestration software.