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- 1ByteDance gained access to 2,000 Nvidia B200 chips via Norway●China's ByteDance gained access to over 2k Nvidia B200 chips through Norway
A filing shows ByteDance, TikTok's Chinese parent company, gained access to more than 2,000 Nvidia B200 AI chips through Nscale's data center in Norway. The filing also reveals that a Singaporean subsidiary, Spring, contributed 73 percent of the UK neocloud's 2025 revenue. The arrangement raises questions about how Chinese firms access advanced US chips despite export controls.
- 2British data centre startup Nscale files for $35bn New York IPO▼Latham, Milbank lead on British data centre startup Nscale’s $35bn New York IPO
British data centre startup Nscale is preparing a New York IPO valued at around $35 billion, with law firms Latham & Watkins and Milbank leading on the deal. The listing would rank among the largest offerings from a UK-founded tech company on US markets, underlining the growing investor interest in data centre infrastructure driven by artificial intelligence demand.