Nscale wants a $35 billion valuation. Nvidia is helping foot the bill

Fortune · 40 ● 7 sources

Nscale, a Nvidia-backed company building and renting AI-ready data center capacity, filed for a New York IPO with a target valuation of up to $35 billion while reporting a $1.02 billion net loss in the six months to June 30, 2026. Nvidia is backing the deal with a Sept. 15 $3.1 billion financing round that includes $1 billion in convertible notes or non-voting shares. The reliance on Nvidia funding and guarantees shifts the story from an IPO filing to a test of whether the AI infrastructure market’s demand is real or largely supported by circular financing arrangements.

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Jensen Huang talks about AI and climate change like a supervillain

The Verge · 2 weeks ago · 48 ● 125 sources

Jensen Huang said on The Ezra Klein Show that AI could help fight climate change only after it causes severe harm. The comments were made in the latest episode of The Ezra Klein Show. The coverage frames his stance as the familiar accelerationist argument that justifies damage from dirty-energy data centers, while criticizing the perspective behind it.

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Jensen Huang Thinks AI Alarmism Has Gone Too Far

The New York Times · 3 weeks ago · 35 ● 125 sources

Jensen Huang said AI alarmism has gone too far and argues AI safety can be handled as an engineering problem. He opposes new regulation proposed for the field, warning it could change the direction of progress. This frames Nvidia’s AI stance as prioritizing technical solutions over regulatory constraints.

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Basecamp Research lands $140M from Nvidia to push AI-designed cell therapy toward the clinic

Tech Funding News · 3 weeks ago · 22 ● 5 sources

Basecamp Research raised a $140 million Series C to advance AI-designed in-body cell therapies. The round values the company at $800 million and was backed by Nvidia, Anthropic, and the NATO Innovation Fund. The funding will support training of new EDEN foundation-model versions and investment in therapies aimed at editing DNA inside patients, with Basecamp still preclinical and no clinical-trial date disclosed.

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