Nscale’s 32-year-old CEO Josh Payne eyes $30 billion neocloud IPO

Neocloud provider Nscale is preparing an IPO at a valuation of up to $30 billion. Sheryl Sandberg compared 32-year-old CEO Josh Payne to Mark Zuckerberg as the company goes public amid turmoil in the AI industry.

• Nscale targets a $30 billion valuation in its IPO
• CEO Josh Payne is 32 years old
• Sheryl Sandberg likened Payne to Mark Zuckerberg
• The IPO comes amid AI industry turmoil