Nvidia is teaming up with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to mobilize over $500 billion for AI infrastructure. To win over investors, the chipmaker is guaranteeing up to 25 percent of the residual value of its own hardware. The Bank of England is already warning of systemic risks if the AI sector takes a hit.
The article Nvidia guarantees its own chips' value to unlock $500 billion in AI infrastructure financing appeared first on The Decoder.
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