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Nvidia (NVDA) Soars on $2B Nscale AI Funding Boost Ahead of IPO Plans

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The Story

News Summary

  • Nvidia-backed AI firm Nscale raised $2 billion at a $14.6 billion valuation to expand data centers ahead of an IPO, with backing from major investors and board members including ex-Meta executives.
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NVDA price history

218.29 +19.87% over the displayed period

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