Nvidia behind $50bn lease on Texas data centre that will use its chips

Nvidia Corp. is backing a $50bn lease on a Texas data centre that will use its chips, deploying its balance sheet to support the growth of the AI computing market, according to the Financial Times. CEO Jensen Huang is leveraging Nvidia's financial strength to secure the massive facility, underscoring the company's bet on surging demand for AI infrastructure.

Nvidia behind $50bn lease on Texas data centre that will use its chips Source: Financial Times Technology https://www.ft.com/technology CEO Jensen Huang deploys balance sheet to backstop growth of AI computing market Get AI news in your inbox Daily digest of what matters in AI. Get AI news in your inbox Daily digest of what matters in AI.