Nvidia gets $500bn from major banks for AI build out

Nvidia has secured $500 billion in financing from major banks to build out its AI infrastructure, including new data centres for processing AI workloads. The funding will support the development of facilities to house and cool the computer chips needed for AI operations.

Nvidia gets $500bn from major banks for AI build out Source: BBC Technology https://www.bbc.co.uk/news/technology The money will be used to develop new data centres to house, operate, and cool miles of stacked computer chips that process AI data and actions. Get AI news in your inbox Daily digest of what matters in AI.