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A real but small London GPU host (Hyperstack) that has spent three years announcing a $1B, 20,000-H100 "AI Supercloud" it never had the balance sheet to build. The audited FY2024 accounts show $26.2M revenue, a $19.1M loss, $41M of GPUs, $3.1M cash and 11 staff, with ~439 mostly-HNW shareholders. Its first real debt, a $34M GPU-backed loan in June 2026, and a 4,500-B300 Finland plan are the first test of whether it can deliver what it announces. WATCHING, low conviction. The gap between what it
The research around NexGen Cloud
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Datacenters & Digital Infrastructure
Company details
| Industry | Cloud Computing |
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5 namesWhere NexGen Cloud sits against the other names we cover on this beat. Each line is that company’s verdict, not a summary of it.
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