Nvidia floats double-dipping datacenter financing scheme
AI and ML
What's better than getting paid once? Getting paid twice of course
AI infrastructure doesn't come cheap. To keep up, rent-a-GPU outfits such as CoreWeave and Lambda have had to borrow billions of dollars from venture capitalists and hedge funds to bankroll their datacenter build outs.
So long as their revenues are greater than the interest payments on the loans, they have the potential to make a profit.
Unfortunately for entrepreneurs looking to cash in on the AI hype, not everyone with a bright idea can tap into this kind of funding. But don’t worry, Nvidia is here to help.
In a blog postpublished this week, the GPU giant floated the idea for a new program that promises to make it easier for emerging AI cloud providers to get the financing they need, although it's not clear that Nvidia itself will be providing the financing – it...
Copyright of this story solely belongs to theregister.com. To see the full text click HERE
