Sources and Nscale's US SEC filings: ByteDance accounted for nearly 75% of Nscale's sales in 2025 and used Nscale's facility in Norway to access Nvidia AI chips (Financial Times)
Chinese tech giant was AI cloud provider's largest customer last year but is not prominently named in pitch to stock market investors
We haven't written up this one. Techmeme has the full story — the link below goes straight to it.