📈
📈 Business

Nvidia signs MoUs with six Wall Street firms for $500 bn AI infrastructure push

Nvidia has signed memorandums of understanding with six major Wall Street firms to position AI compute as a bankable infrastructure asset in a $500 billion push. The deals aim to unlock institutional financing for AI data centres in a similar way to traditional infrastructure assets. Analysts note the move could further marginalise crypto mining's access to Nvidia's compute resources.

Comments

1 in the thread