Business & EnterpriseFinance3 min reading time

Nvidia has put $170bn on the line for neoclouds, The Information reports

The Next Web
Read the full article
Nvidia has committed over $170 billion to support neoclouds and other large customers, including $164.5 billion in guarantees for new data centers and $7 billion in direct investments. The company is also negotiating a significant investment in Australian AI cloud firm Firmus, which recently withdrew its stock market listing. Nvidia CEO Jensen Huang highlighted the surging demand for neoclouds and their potential as a new asset class.

More on this story


More in Business & Enterprise

Meta says Muse has over 10M users, with shopping a top activity

Covered by 4 sources

OpenAI Shifts Value to $1.25 Trillion as Funding Talks Finalize

Covered by 4 sources

In Meta’s version of the future, I’ll have my Muse call your Muse

Covered by 2 sources