Nvidia has announced a partnership program that enables fast-growing AI startups to access its computing power in exchange for a portion of their future revenues. This initiative is particularly significant as it addresses the critical need for computing resources among AI firms, which are increasingly reliant on GPUs for their operations.
Nvidia's initial partners include Sharon AI, which plans to deploy up to 40,000 Nvidia GPUs, and Firmus Technologies, which is constructing a data center in Indonesia capable of housing 170,000 GPUs. The move underscores the escalating competition for GPU resources, likened to oil, as AI companies seek to navigate liquidity challenges by forming revenue-sharing agreements with chipmakers.
Additionally, Nvidia is looking to raise at least $20 billion in debt to support its corporate activities, including refinancing existing obligations