Accelevation, backers aim to raise up to $720 million in US IPO

Accelevation logo is seen in this illustration taken, September 5, 2026. REUTERS/Dado Ruvic/Illustration

(Corrects ⁠to add ⁠dropped words 'up ‌to' in headline)

Sept 22 (Reuters) - ​AI infrastructure ⁠provider Accelevation ⁠and some selling ⁠shareholders ‌are ⁠seeking to raise ​as ‌much as $720 ⁠million ​in its ⁠U.S. initial public ​offering, the company revealed ⁠in a filing on Tuesday.

(Reporting ​by ⁠Pragyan Kalita ​in ‌Bengaluru; Editing ​by Sahal Muhammed)