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AI chips

2 analyses

NvidiaOpenAI · 4 min

Nvidia's Bank

In March, Jensen Huang said Nvidia was probably done writing big checks to AI labs. The money never stopped. It changed form, from equity stakes into loan guarantees and financing deals, and now roughly a quarter of Nvidia's business comes from customers it helps pay for.

NvidiaHugging Face · 5 min

Nvidia's Hugging Face

Nvidia paid $12.9 billion for the place where the world's open AI models live. Open models are Nvidia's broadest customer base and the most likely path around its software lock-in. Jensen Huang decided to own both.