Nvidia promises to financially backstop young cloud providers like Firmus that rent out its AI chips, in exchange for a revenue share through a new program (Phoebe Liu/The Information)

Techmeme ·

Nvidia is backstopping AI cloud startups in exchange for revenue share, expanding its control over GPU supply and cloud economics.

Categories: Money & Moves

Excerpt

<a href="https://www.theinformation.com/articles/nvidia-says-will-take-cut-customers-cloud-revenues"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260702/i2.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260702/p2#a260702p2" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Phoebe Liu / <a href="https://www.theinformation.com/">The Information</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/articles/nvidia-says-will-take-cut-customers-cloud-revenues">Nvidia promises to financially backstop young cloud providers like Firmus that rent out its AI chips, in exchange for a revenue share through a new program</a></b></span>&nbsp; &mdash;&nbsp; Nvidia is using its powerful balance sheet to help more companies buy its expensive AI chips, and possibly make some money back too.</p>