Nscale is preparing for a potential U.S. initial public offering, with the listing possibly starting as early as September this year, after telling prospective investors its cumulative contracted revenue has reached about $51 billion. Goldman Sachs and JPMorgan Chase are advising on the process, though discussions are still underway and the timetable could slip, TechFundingNews reported. The company, spun out of cryptocurrency mining firm Arkon Energy, is focused on AI data centers, GPU computing power and energy infrastructure. Its push comes after Nscale said in July it would acquire distributed AI software company Anyscale for about $1.65 billion; Anyscale counts Coinbase, Runway and Bedrock Robotics among its clients. The IPO plans also follow Nscale's previously reported $2 billion Series C financing, which valued the company at $14.6 billion and was led by Aker ASA and 8090 Industries, with participation from NVIDIA, Lenovo and Nokia.