you are viewing a single comment's thread
view the rest of the comments
[–] 3 points 8 hours ago (1 child)

Here you go, pal

"Nvidia’s equity investments stood at $99 billion as of July 26, up sharply from a year earlier as it expands its financial backing across the AI sector.

Investments span frontier AI labs, cloud providers and infrastructure companies, including OpenAI, CoreWeave and Nebius.

Capital has increasingly become a key play for Nvidia.

In August, the company announced partnerships with major investment firms aimed at mobilizing more than $500 billion worth of financing for Nvidia’s graphics processing units (GPUs) and said it would provide up to $105 billion of conditional credit support for an OpenAI data center in Ohio. Nvidia also announced Thursday it is planning to acquire AI startup Hugging Face for $12.9 billion."

They are buying up shares all over the AI sector, which is essentially Nv lending them money, with which these companies can buy their GPUs.

  • source
  • parent
  • hideshow 1 child comment