September 4–5 VC News: XDOF $1.2B Talks, Nscale $3.5B Pre-IPO Ask
TechCrunch’s September 4 tape: XDOF in late-stage Series B talks at about $1.2 billion (8VC; amount unknown) and Nscale shopping about $3.5 billion of pre-IPO paper ($1.5 billion converts plus $2 billion Nvidia). Neither is a company close.