Nvidia-backed Nscale's ByteDance Deal Buried Ahead of Planned IPO
UKPulse Money Desk
Nscale, an AI cloud provider backed by Nvidia, reportedly did not prominently feature Chinese tech giant ByteDance in its pitch to stock market investors, despite ByteDance being its largest customer last year.
- Nscale is an AI cloud provider backed by Nvidia.
- ByteDance was Nscale's largest customer last year.
- Nscale is reportedly pushing for a $35bn IPO.
Nvidia-backed AI cloud provider Nscale reportedly buried details of its deal with Chinese tech giant ByteDance in its pitch to stock market investors. ByteDance was Nscale’s largest customer last year, according to reports.
Nscale is said to be pushing for an initial public offering (IPO) valued at $35bn.