ChronoScale
#39of 51 neoclouds · score 7/100
Nasdaq-listed AI cloud spun out of Applied Digital in 2026, deploying NVIDIA GB300 NVL72 capacity for Microsoft and Baseten in North America. It targets a $1B annualized run-rate by calendar Q3 2027. Sources below.
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How ChronoScale scores
Weights and formula| Signal | Value | Points | Weight | Adds |
|---|---|---|---|---|
| ClusterMAX tier | Not disclosed | 0.0 | 30% | 0.0 |
| Contracted power | 54 MW | 24.8 | 20% | 5.0 |
| Contracted backlog | Not disclosed | 0.0 | 15% | 0.0 |
| Capital raised | Not disclosed | 0.0 | 15% | 0.0 |
| GPUs | Not disclosed | 0.0 | 10% | 0.0 |
| Named customers | 2 named | 20.0 | 10% | 2.0 |
| Composite score (rank #39 of 51) | 7.0 | |||
This dataset has no verified ClusterMAX tier, contracted backlog, capital raised or GPUs, so those signals score 0. A sourced figure sent to hello@neocloudrankings.com goes straight into the next build.
Signals and facts
Source per value- ClusterMAX Tier in SemiAnalysis ClusterMAX 3.0 (23 Sep 2026), the public hands-on rating of GPU clouds. Medal tiers run Platinum, Gold, Silver, Bronze; Participation Ribbon sits between Bronze and Underperforming. Underperforming and Unavailable are the two groups SemiAnalysis lists under "Not Recommended": Unavailable covers providers it could not test or judged too small to rate. Empty when the provider is not listed.
- Not published
- Contracted power MW Power the company states as contracted, secured or committed in its portfolio, in MW. Speculative pipeline and planned campuses are excluded; the power note quotes the company's own word for it.
- 54 1
- Active power MW Power the company states as active, live, operational or managed today, in MW.
- Not published
- Power note What the power figures cover, the as-of date, and targets or planned campuses that are not counted.
- 50 MW GB300 NVL72 deployment for Microsoft plus about 4 MW for Baseten due calendar Q1 2027 (fiscal Q1 2027 results, 15 Oct 2026). 1
- Backlog $M Contracted revenue backlog, remaining performance obligations or total contracted value as the company states it, in USD millions.
- Not published
- Backlog note Which backlog measure the company uses and its as-of date.
- Not published
- Quarterly revenue $M Latest reported quarterly revenue, in USD millions, from the company's results release or filing. Company-level unless the note says otherwise.
- 41.5 1
- Stated ARR $M Annualized run-rate revenue exactly as the company states it, in USD millions. We never annualize a quarter ourselves.
- Not published
- Revenue note Period, basis and any revenue targets the company has stated.
- Fiscal Q1 2027 revenue, quarter to 31 Aug 2026 (up 148%). Agreements support $1B annualized run-rate revenue by calendar Q3 2027 (company target). 1
- GPUs GPUs deployed, owned or under contract as the company states it.
- Not published
- GPU note What the GPU figure counts and when it was stated.
- Not published
- Capital raised $M Equity and debt raised, in USD millions: the total when the company states one, otherwise the rounds and facilities named in the capital note.
- Not published
- Capital note Exactly which rounds, notes or facilities the capital figure covers, with dates.
- Not published
- Customers Customers named publicly by the company, in its filings or in reputable press.
- Microsoft, Baseten 1
- Ownership Publicly listed, privately held, or a subsidiary of another company.
- public 1
- Ticker Exchange and ticker symbol for listed companies.
- NASDAQ: CHRN 1
- Parent Owner or majority shareholder when the neocloud is part of another group.
- Applied Digital (NASDAQ: APLD), majority shareholder 3
- Quarterly capex $M Latest disclosed quarterly capital expenditures, in USD millions. Context only; excluded from the composite score.
- Not published
- Capex note Period and scope of capital expenditures, including whether figures are actuals or guidance.
- Not published
- GPU models Hardware advertised or tested, with reservations and future availability explicitly noted. Context only; not a fleet count or scoring input.
- Not published
- Operating footprint Company or service geography as sourced; a general cloud footprint does not guarantee GPU stock in each region.
- Not published
- Deployment and orchestration Available provisioning and cluster management services; future features are labelled as such.
- Not published
- Cluster interconnect Published cluster network technology or bandwidth; not a measured service-quality claim.
- Not published
- Capacity scope Partner supply, network coverage and other non-fleet capacity signals excluded from GPU scoring.
- Not published
Sources
- ChronoScale Reports Fiscal First Quarter 2027 Results accessed 2026-11-11
- ChronoScale: contracted run-rate revenue to $1 billion accessed 2026-11-11
- ChronoScale completes spinout, begins Nasdaq trading accessed 2026-11-09
GPU prices, regions and services for ChronoScale: ChronoScale on Neocloud Companies.
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