{
  "id": 8973155,
  "title": "Nscale's IPO filing reveals Microsoft and Anthropic behind 85% of its $103 billion contract backlog",
  "url": "https://urgent.news/2026/09/21/nscales-ipo-filing-reveals-microsoft-and-anthropic-behind-85-of-its",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T17:40:38.000Z",
  "source": {
    "name": "Quartz",
    "slug": "quartz",
    "url": "https://qz.com/nscale-ipo-microsoft-anthropic-contract-backlog-092126"
  },
  "original_language": "en",
  "account": null,
  "summary": "The two companies account for $87.7 billion of the AI infrastructure firm's total contract value as it prepares to list in New York",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Nscale's S-1: Microsoft and Anthropic account for 85% of its $103B in total contract value, only $2.6B of contract value was active as of late August, and more (Bloomberg)",
        "url": "https://urgent.news/2026/09/21/nscales-s-1-microsoft-and-anthropic-account-for-85-of-its-103b-in",
        "published": "2026-09-21T13:45:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}