From Bitcoin Miner to $35 Billion: Nscale's AI Data Centre IPO and the Global Capital Rush

Nscale, an AI data centre developer spun off from bitcoin miner Arkon Energy just two years ago, is charging toward a potential $US35 billion New York listing that could hand 32-year-old founder Joshua Payne a nearly $500 million payday. Payne, named to Time magazine's 2026 list of the 100 most influential people in AI, has built Nscale into a hyperscale infrastructure player serving the compute-hungry appetites of Anthropic and Microsoft. It's the kind of...