Nscale's unproven CEO bids for $30 billion IPO to sell investors on his neocloud

dinabass · x · 2026-10-30

Per Bloomberg, Nscale CEO Josh Payne is pushing a $30 billion IPO bid for the neocloud startup, braving AI market turmoil. Early investor Steve Bellotti: "Is he the smartest guy in the room? No. Is he one of the most cunning and savvy? Absolutely." Payne still must convince investors to bet on the unproven compute provider.

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