Sources: Nscale faces investor pushback on its ~$30B IPO valuation, with some urging a lower valuation of $16B to $19B, as Microsoft exits a UK data center deal (Bailey Lipschultz/Bloomberg)

Bailey Lipschultz / Bloomberg:
Sources: Nscale faces investor pushback on its ~$30B IPO valuation, with some urging a lower valuation of $16B to $19B, as Microsoft exits a UK data center deal  —  Nscale Ltd. is facing opposition to the valuation target it's pursuing in its initial public offering, according to people familiar …

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