London neocloud Nscale takes its $1B loss to Wall Street

London-based neocloud Nscale has filed to go public on the New York Stock Exchange after expanding rapidly on the back of the AI infrastructure boom. The rent-a-GPU business, which emerged from cryptocurrency miner Arkon Energy, filed a Form S-1 registration statement with the US Securities and Exchange Commission (SEC) on Friday. It intends to list under the ticker NSCL.