ENTITY · nscale
Nscale
United Kingdom·neocloud·niche
AI GPU cloud and data-center operator.
WATCH · 40–69
47/100 illustrative
Underwriting Thesis
WATCH — Nscale: concentrated foreign-origin supply compounded by sole-source / single-point-of-failure dominance in neocloud. A chokepoint underwriting concern at this tier.
Factor Breakdown
Foreign-Origin Concentration49
Sole-Source Dependence49
Sanctions Exposure45
Downstream Criticality45
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
No matched DoD semiconductor awards (USASpending) for this entity.
Segments
neocloudcolocation
Shortest paths → DoD-exposed firms
- Scale AI · 2 hops · $105.6MNscale → Amazon (Annapurna Labs) → Scale AI
Possible substitutes · same commodity buckets
Chokepoint Relationships
Key Suppliers · upstream · 7
- NVIDIAUnited StatesDOMESTIC
- Dell TechnologiesUnited StatesDOMESTIC
- Super Micro ComputerUnited StatesDOMESTIC
- VertivUnited StatesDOMESTIC
- Schneider ElectricFranceALLIED
- EatonIrelandALLIED
- Delta ElectronicsTaiwanCHOKEPOINT
Key Customers · downstream · 5
- Amazon (Annapurna Labs)United StatesDOMESTIC
- MicrosoftUnited StatesDOMESTIC
- Alphabet (Google)United StatesDOMESTIC
- Meta PlatformsUnited StatesDOMESTIC
- OracleUnited StatesDOMESTIC