Nscale hires Meta veteran Justin Osofsky as COO ahead of New York IPO
Stockwhiz•02/10/2026•16:34 ET
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Key Highlights
- ➤Nscale hires Meta veteran Justin Osofsky as chief operating officer
- ➤Nscale seeking as much as $3 billion in New York IPO
- ➤Osofsky spent 18 years at Meta (META), most recently chief partnerships officer
- ➤IPO would fund AI computing equipment to meet demand
- ➤Nscale counts Nvidia and Microsoft among its partners
Expert Statements
Javier Olivan, Chief Operating Officer of Meta Platforms Inc. (META)
“brought sound judgment and steady leadership that will outlast his time here”
Javier Olivan, Chief Operating Officer of Meta Platforms Inc. (META)
“bringing Meta’s partnerships team into a single organization”
Nscale hired longtime Meta Platforms Inc. (NASDAQ: META) executive Justin Osofsky as chief operating officer ahead of a New York IPO, with the company seeking as much as $3 billion.
Osofsky will report to Nscale Chief Executive Officer Josh Payne and oversee the company’s global operations, according to a person familiar with the matter who declined to be named discussing non-public information.
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