AIAI News1h ago
A quarter of Nvidia’s business next year comes from labs it is financing
Nvidia has put nearly US$50 billion into the AI labs that buy its chips, and has lined up commitments for more than $500 billion Colette Kress, the company’s chief financial officer, told analysts on August 26 that demand from the labs Nvidia backs with its own balance sheet…
Read full articleSource: AI News · Opens in new tab