Half-trillion Nvidia chip financing threatens China AI ambitions
Nvidia’s newly unveiled plan to mobilize more than US$500 billion in third-party financing for artificial intelligence (AI) data centers is expected to deepen its global dominance and reduce the competitiveness of Chinese chips in global markets. The company said on Monday it had signed memoranda of understanding with six of the world’s largest financial institutions, […] The post Half-trillion…
We haven't written up this one. Asia Times has the full story — the link below goes straight to it.
