Sources: Nvidia paused some deals with AI cloud providers in the revenue-sharing program it announced in July; Nvidia says the program is still in place (Wall Street Journal)

Nvidia has paused some deals with AI cloud providers in a revenue-sharing program announced in July. According to the Wall Street Journal, sources say the company is rethinking the program, which offered credit support to AI cloud companies in exchange for a share of revenue.

The program allowed Nvidia to rent back compute capacity if its cloud customers were unable to sell it, and earn a share of their cloud revenues derived from Nvidia-powered capacity. However, some Nvidia employees expressed concerns that the initiative could draw antitrust scrutiny.

A Nvidia spokesperson said the new business model is still in place and continues to evolve due to high demand. The company stepped back from the program last week, but could still revamp the initiative or fold it into another program.

Brief written by urgent.news from Techmeme, Investing.com, Qatar Tribune Business — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.