CoreWeave vs Nscale
Both are primarily GPU Clouds (Neoclouds) companies. CoreWeave has a tracked market cap of $45.0B; Nscale is currently unpriced in the dataset. CoreWeave reports higher tracked revenue ($5.1B vs $30M).
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Side-by-side
| CoreWeave | Nscale | |
|---|---|---|
| Market cap | $45.0B | Unpriced |
| Revenue | $5.1B (FY2025) | $30M (FY2025) |
| Primary segment | GPU Clouds (Neoclouds) | GPU Clouds (Neoclouds) |
| Market position | leader | niche |
| Country | United States | United Kingdom |
| Tracked suppliers | 9 | 7 |
| Tracked customers | 15 | 5 |
| Chokepoint / criticality | 81/100 | 6/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-10-09. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How CoreWeave and Nscale compare
- Revenue: CoreWeave reports higher tracked revenue.
- Supply-chain criticality: CoreWeave has the higher chokepoint score (81/100 vs 6/100).
- Footprint: CoreWeave (United States) vs Nscale (United Kingdom).
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Cite as: wafergraph, “CoreWeave vs Nscale”, https://wafergraph.com/compare/coreweave-vs-nscale (data as of 2026-10-09).
Frequently asked questions3
- Is CoreWeave bigger than Nscale?
- By tracked revenue, CoreWeave is larger ($5.1B vs $30M).
- What's the difference between CoreWeave and Nscale?
- CoreWeave is a leader in GPU Clouds (Neoclouds) based in United States; Nscale is a niche in GPU Clouds (Neoclouds) based in United Kingdom. Both operate in the AI & Data Center segment.
- Who are CoreWeave's and Nscale's suppliers?
- wafergraph tracks 9 suppliers for CoreWeave and 7 for Nscale — CoreWeave's include NVIDIA, AMD, Hon Hai (Foxconn).