Nscale competitors
As of 2026-10-09, Nscale's closest competitors in GPU Clouds (Neoclouds) are CoreWeave, Oracle and IREN. wafergraph tracks 13 companies in GPU Clouds (Neoclouds); Nscale is positioned as a market niche there, and the largest competitor by market cap is Oracle at $411.3B.
Data as of 2026-10-09 · peers = companies sharing Nscale's primary GPU Clouds (Neoclouds) segment in the wafergraph taxonomy · ordered by market position, then market cap
Who competes with Nscale
| Competitor | Position | Country | Market cap | Revenue | Compare |
|---|---|---|---|---|---|
| CoreWeave | leader | United States | $45.0B | $5.1B | Nscale vs CoreWeave |
| Oracle | major | United States | $411.3B | $67.4B | Nscale vs Oracle |
| IREN | challenger | Australia | $14.1B | $707M | — |
| Applied Digital | challenger | United States | $7.1B | $611M | — |
| Crusoe Energy | challenger | United States | Unpriced | — | — |
| Lambda | challenger | United States | Unpriced | — | — |
| Nebius Group | challenger | Netherlands | Unpriced | $530M | — |
| HIVE Digital Technologies | niche | Canada | $700M | $298M | — |
| Bit Digital | niche | United States | $490M | $114M | Nscale vs Bit Digital |
| Fluidstack | niche | United Kingdom | Unpriced | — | — |
| Together AI | niche | United States | Unpriced | — | — |
| Voltage Park | niche | United States | Unpriced | — | — |
Suppliers Nscale shares with its competitors
A supplier shared across rivals is a segment-level chokepoint: if it fails, the whole peer group feels it at once.
Customers Nscale shares with its competitors
Frequently asked questions3
- Who are Nscale's competitors?
- Nscale's closest competitors in GPU Clouds (Neoclouds) are CoreWeave, Oracle and IREN; wafergraph tracks 12 rivals in that segment.
- Who is Nscale's largest competitor?
- Oracle is the largest GPU Clouds (Neoclouds) competitor by market cap ($411.3B).
- How many companies compete in GPU Clouds (Neoclouds)?
- wafergraph tracks 13 companies in GPU Clouds (Neoclouds), including Nscale.
Cite as: wafergraph, “Nscale competitors — 12 rivals in GPU Clouds (Neoclouds), compared”, https://wafergraph.com/competitors/nscale (data as of 2026-10-09).
Open Nscale in the interactive supply-chain view →
Track the chain
What moved in the semiconductor supply chain — This Week in the Chain, the free weekly wafergraph briefing.
Subscribe to the free weekly briefing →
Free · no login · 615 companies, updated weekly