Nvidia has a plan to make sure its GPUs won’t lose value. It wants to convince a new crop of financiers to keep lending for AI buildouts.
Nebius rents out computing power. It buys Nvidia chips, puts them in data centres, and charges companies to train and run AI models on them. The trade calls this a neocloud. It is based in Amsterdam, listed on Nasdaq, and was spun out of the Russian in…
Renting an Nvidia H100 for an hour costs whatever your supplier says it costs. There is no published price. Two companies buying identical capacity can pay very different rates, and neither of them will know. That changes on 5 October. CME Group, the e…
Nvidia released Nemotron 3.5 Lightning on Tuesday. It is a 30 billion parameter mixture-of-experts model with three billion active at any moment. The architecture is a hybrid of Mamba-2, MoE and attention layers, with a one million token context window…
Foxconn crossed a line this quarter that it will not cross back. Its cloud and networking division, the one that builds AI servers, made up 51% of revenue in the three months to June. That is the first time the segment has passed half. Smart consumer e…
The chipmaker’s credit-default swaps had spiked to a record on fears of circular financing. They eased once Jensen Huang recast the plan as other people’s money, with Nvidia’s own exposure capped. After weeks in which the cost of insuring its debt clim…
A multi-year deal with the startup Together AI will put Nvidia Blackwell systems on IBM Cloud, and the wager is that enterprises now care more about the cost of running AI than the prestige of the model doing the running. IBM has decided that the money…
Nvidia said on Monday it would partner with six of the largest names in private capital to finance AI infrastructure through vehicles worth more than $500 billion. Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR are all in. The compa…
River AI has raised $1.1bn, roughly four months after the company was incorporated. General Catalyst and AMP PBC led the round, with strategic investment from NVIDIA and AMD Ventures, and further money from Y Combinator and Temasek. The Palo Alto compa…
Nvidia has recruited six of the largest names in finance to help turn its chips into something a bank can lend against. The company announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to build what it calls “com…