Nscale’s $35 billion IPO is largely silent about its biggest customer in 2025, China’s ByteDance, which wants access to Nvidia’s chips ...Middle East

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Nscale’s $35 billion IPO is largely silent about its biggest customer in 2025, China’s ByteDance, which wants access to Nvidia’s chips

Good morning. On Fortune’s radar today:

Nscale’s $35 billion IPO is heavily dependent on ByteDance. See Fortune’s 2026 Change the World list here. The U.S. semiconductor export bans did little to slow down China’s chip trade. Markets: A rare double-zero day. AI is creating some jobs—at very small companies. For most people, the weekend is now only one day. Despite their complaints, Gen Z is richer than the Millennials, Gen X, or the Baby Boomers ever were.

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This story was originally featured on Fortune.com

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