AIThe Next Web40 minutes ago
ByteDance Drove 75% of Nscale 2025 Sales
3 min read
The Financial Times reported that ByteDance's Singapore subsidiary Spring generated nearly three quarters of Nscale's 2025 revenue, using its Norway data centre to access Nvidia chips barred from China. Nscale's SEC filing shows $33.0m 2025 revenue and a $1.02bn half-year loss, with the customer unnamed. Nscale now expects larger Anthropic and Microsoft contracts to dilute Spring below 20%.
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