Nvidia has put $170bn on the line for neoclouds, The Information reports
Covered by 2 sources
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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.
Covered by 2 sources
- Nvidia CEO Jensen Huang says neocloud demand is 'off the charts' but capital is scarce· CNBC
- Nvidia Sees Opportunity In Helping Europe Create AI, Not Just Use It· Forbes
- Nvidia Backs $164.5 Billion Of AI Data Centers To Keep GPUs Selling· Forbes
- Nvidia CEO Huang Pushes Europe on All Industries Adopting AI· 4 sources
- AI's Opportunity In Building Data Centers· Forbes
- I watched Nvidia's Jensen Huang work the room in London. He brought big checks — and a blunt message· CNBC
