Nscale

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Markets2 days ago

Nscale Posts Wider Loss in New IPO Filing Amid Market Turmoil

Nvidia-backed cloud provider Nscale updated its IPO paperwork, revealing a third-quarter net loss of $1.69 billion alongside surging revenue.

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Words to know

Cloud computingRenting computing power and storage over the internet.Data CenterA large facility housing computer systems and associated components for storing and processing massive amounts of data.RevenueAll the money a company takes in from sales, before costs.