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Anthropic and Microsoft Dominate Nscale’s $103 Billion in Contracts

Source: Bloomberg

Artificial IntelligenceTechnology & InnovationCompany Fundamentals

Nscale increased its contacts 1,000-fold over the past three years, driven primarily by demand for AI computing capacity from Microsoft and Anthropic. The concentration of growth in two major AI customers underscores strong demand for compute infrastructure, while also implying material customer-concentration exposure.

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