zerohedge(@zerohedge):Nscale, the Nvidia-backed AI cloud provider, buried a significant relationship with ByteDance in its pitch to investors, only mentioning the Chinese tech giant in an obscure filing despite its accounting for nearly three-quarters of its sales last year. Beijing-based ByteDance was one of the first major customers for Nscale’s nascent cloud-computing business, renting access to advanced Nvidia AI chips in Norway... But their relationship was indicated only in a document published on Friday alongside Nscale’s main filing for a US initial public offering that did not directly mention ByteDance by name.

2026.09.24 02:11

Nscale, the Nvidia-backed AI cloud provider, buried a significant relationship with ByteDance in its pitch to investors, only mentioning the Chinese tech giant in an obscure filing despite its accounting for nearly three-quarters of its sales last year. Beijing-based ByteDance was one of the first major customers for Nscale’s nascent cloud-computing business, renting access to advanced Nvidia AI chips in Norway... But their relationship was indicated only in a document published on Friday alongside Nscale’s main filing for a US initial public offering that did not directly mention ByteDance by name. - FT