Nscale IPO investors push for $16B–$19B valuation over ~$30B

Investors are pushing back on Nscale's ~$30B IPO valuation target, urging $16B to $19B instead. The pressure follows Microsoft's exit from a UK data center deal with the company.

• Investors seek a $16B–$19B valuation for Nscale, not ~$30B
• Microsoft exited a UK data center deal with Nscale
• Nscale is preparing an IPO amid valuation dispute