According to CoinMeta, NVIDIA has committed to investing $1 billion in AI, a computing power company known as NScale. The funds are expected to be in place by mid-November. Previously, NScale had submitted an application to the US Securities and Exchange Commission (SEC) for a public offering, aiming to raise up to $3 billion in New York, with the stock code planned to be NSCL. The company separated from its cryptocurrency mining business at the beginning of 2024 and has since transformed into a AI computing power infrastructure service provider. Prospectus data shows that as of August 2026, NScale owns and controls data centers with a total power capacity of over 10GW, with contract values totaling approximately $103 billion, including a $45 billion lease agreement promised by Anthropic in August of this year.