The dependency surfaces as Nscale seeks a $35B initial public offering. While the company's total contract value is $103B, with Microsoft and Anthropic representing 85% of that figure, only $2.6B of those contracts were active as of late August.
Tuesday, October 20, 2026
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ByteDance Provided Nearly 75% of Nscale 2025 Sales via Norway Hub
AI28 days ago
Nvidia AI chips were made available to a major Chinese technology firm through a data center facility in Norway. US SEC filings show that ByteDance used Nscale's infrastructure to access these chips and accounted for nearly 75% of the provider's 2025 sales, establishing a singular revenue concentration.
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