ByteDance brought in nearly 75% of Nscale’s 2025 sales, the FT reports

“A substantial portion of our revenue is driven by a limited number of our customers, and the loss of, or a significant reduction in, spend from one or a few of our top customers would adversely affect our business,” Nscale wrote in the prospectus for its New…

Preview courtesy of The Next Web. The full article opens on their site.