Back to News

Nscale S-1: Microsoft, Anthropic make up 85% of $103B contract value; only $2.6B active

#nscale#s-1#microsoft#anthropic

Nscale's S-1 filing shows Microsoft and Anthropic account for 85% of its $103 billion total contract value, but only $2.6 billion of that was active as of late August. The filing highlights a 1,000-fold increase in contracts over three years, driven largely by two AI-hungry clients.

Coverage timeline

  1. Techmeme

    Bloomberg : 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 — Nscale's 1,000-fold increase in contacts over the last three years is mainly due to two clients thirsty for artificial intelligence …