Nvidia stopped funding the AI boom alone, Saudi banks cannot fund theirs, and 500 US towns have banned the buildings
Nvidia stopped funding the AI boom alone, Saudi banks cannot fund theirs, and 500 US towns have banned the buildings

  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 raised $1.1bn to let companies train and keep their own models
River AI raised $1.1bn to let companies train and keep their own models

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…

Six finance giants back Nvidia’s $500bn plan to fund the AI buildout
Six finance giants back Nvidia’s $500bn plan to fund the AI buildout

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…

Nvidia is pulling Wall Street into the AI buildout. Its shares fell on the news
Nvidia is pulling Wall Street into the AI buildout. Its shares fell on the news

A group of financial firms is working with Nvidia on a $500bn funding package for AI infrastructure. The group covers Apollo Global Management, Blackstone, BlackRock’s Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs and KKR. …

Lambda is borrowing $917m to buy chips from the company that invests in it
Lambda is borrowing $917m to buy chips from the company that invests in it

Lambda is selling a $917 million leveraged loan to finance a chip purchase, Bloomberg reported on Monday. Jeannine Amodeo, Paula Seligson and Gowri Gurumurthy broke the story. The money pays for GPUs and other infrastructure as part of a contract with …

Armenia just opened the region’s biggest AI factory. It exists because Washington signed a licence.
Armenia just opened the region’s biggest AI factory. It exists because Washington signed a licence.

Firebird, a US-based AI cloud company, opened what NVIDIA calls the CIS region’s largest AI factory in Hrazdan, Armenia on Saturday. Armenian Prime Minister Nikol Pashinyan attended, alongside Kazakhstan’s deputy prime minister Zhaslan Madiyev and Davi…

Nvidia is building an AI safety team, and it has a business reason
Nvidia is building an AI safety team, and it has a business reason

You can read Nvidia’s philosophy in a job advert. The chipmaker is assembling a new AI safety and security engineering team, Business Insider reported. A cluster of listings posted late last month gives it away. The pitch is not caution about what AI m…

GPU prices are approaching 2.5x their launch cost. Asus and Gigabyte just made it official with a second 2026 price hike.
GPU prices are approaching 2.5x their launch cost. Asus and Gigabyte just made it official with a second 2026 price hike.

Asus and Gigabyte have raised prices across their entire Nvidia RTX 50-series and AMD Radeon RX 9000 GPU lineups, the second round of increases this year. The biggest hit lands on the RTX 5090D V2, which received channel price increases of $592 from Gi…

Nvidia doesn’t mess around: A week after open AI industry group formed, it’s already showing progress

The week-old Open Secure AI Alliance, spearheaded by Nvidia and grown to over 120 companies, already has proposals out for defending against AI agents.

Nvidia opens up Alpamayo 2, a driving model that reasons out loud
Nvidia opens up Alpamayo 2, a driving model that reasons out loud

Nvidia wants self-driving cars to explain themselves. The company has released Alpamayo 2 Super, an open AI model for robotaxis that does not just plan a route but reasons about why, and it is now available for commercial use. The model is Nvidia’s pit…