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Nvidia’s $105 billion OpenAI deal puts Ohio compute under fresh scrutiny

Nvidia's $105 billion OpenAI

The $105 billion OpenAI deal disclosed in an Nvidia securities filing on Monday commits the chipmaker to standing behind a data center it will neither own nor operate. Credit from Nvidia covers an initial 4.25 gigawatts of computing capacity, with an option on a further 3.75 gigawatts. SB Energy will build and manage the site […]

Nvidia Lines Up $500 bn for AI Buildout With Six Wall Street Firms

Nvidia Lines Up $500 bn for AI Buildout

Nvidia just found $500 bn for AI buildout, and it didn’t have to write the check itself. On Monday, the chipmaker announced memorandums of understanding with six of Wall Street’s biggest names: Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. The goal is to stand up independent compute financing platforms that pull in more than […]

UAE Gains Licence-Free Access to Nvidia AI Chips as US Eases Export Rules

Licence-Free Access to Nvidia AI Chips

Licence-free access to Nvidia AI chips now reaches the UAE after a major US policy change. The Commerce Department eased US export controls on Friday, opening a faster path for Gulf technology firms. Washington approved this shift to reward a close ally and to grow sales for American chipmakers. You now see a real turn […]