According to CoinMeta, AI data center company Nscale supported by NVIDIA is considering postponing its $35 billion listing plan until next year due to market conditions and valuation pressures. The global sell-off in tech stocks led to a $3 trillion evaporation from the U.S. stock market, and there are concerns about the impact of the mid-term elections in the U.S. on data center construction, which has caused the valuation of AI to decline. Nscale submitted an application to list on the New York Stock Exchange in September this year, seeking a valuation of up to $35 billion, but some investors believe that the current valuation is less than half of that figure, with a financing valuation of $14.6 billion. Nscale is expected to announce its third-quarter financial results soon, but no final decision has been made yet. The listing plan has faced setbacks before, including Microsoft's withdrawal from the deal to lease its flagship data center in Loughton, Essex last month, as well as delays in connecting to the grid that have postponed the construction progress of the site. Nscale Investors include NVIDIA, which was originally expected to reinvest $1 billion this month. Director Nick Clegg expects to earn up to $40 million from the listing, while CEO Josh Payne may receive $350 million. The company's contracts with customers such as Microsoft and Anthropic are worth over $100 billion.