Nvidia launches startup deals that trade compute power for a slice of future profits

1 min read
Source: CNBC
Nvidia launches startup deals that trade compute power for a slice of future profits
Photo: CNBC
TL;DR Summary

Nvidia unveiled revenue-sharing agreements with fast-growing AI startups, offering token credits to power development in exchange for a share of future product and cloud revenues. Initial partners Sharon AI (up to 40,000 Nvidia GPUs) and Firmus Technologies (Batam data center targeting 170,000 GPUs and 360 MW) will provide the compute behind the program, highlighting the escalating importance of access to GPUs for AI startups.

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