https://www.live-feeds.com/feed/nvidia-backed-nscale-buried-bytedance-deal-in-push-to-35bn-ipoContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/nvidia-backed-nscale-buried-bytedance-deal-in-push-to-35bn-ipohttps://www.live-feeds.com/feed/nvidia-backed-nscale-buried-bytedance-deal-in-push-to-35bn-ipo#u83546Fri, 25 Sep 2026 07:30:48 +0000AI cloud provider Nscale is pursuing a $35 billion initial public offering. The company filed to go public amid a surge in revenue and massive data center contracts. However, reports reveal that Nscale concealed a business arrangement with China-based ByteDance. Through a Norway data center facility, ByteDance gained access to more than 2,000 Nvidia B200 chips. Major technology companies like Anthropic and Microsoft also dominate Nscale's extensive data center contract portfolio.Why it mattersThe public offering highlights the booming valuation and infrastructure demands of artificial int