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Nscale, an artificial intelligence cloud infrastructure provider, filed to go public, becoming the latest in a wave of AI-focused 'neocloud' companies seeking to tap public markets. The filing reflects continued investor appetite for AI infrastructure plays even as some analysts question the sustainability of the sector's rapid buildout. The move follows a string of similar public listings and funding rounds among AI infrastructure providers as demand for computing capacity continues to outstrip supply. Nscale's IPO plans add to a growing list of AI-adjacent companies testing investor demand in public markets this year.