The initiative is called the AI Compute Partnership program.
Huge scoop from @theinformation. Nvidia will backstop your deal. But take a revenue share in return.
Wild times in AI infrastructure financing.
Great story, @_pheebini.
https://www.theinformation.com/articles/nvidia-tries-new-business-model-taking-cut-customers-cloud-revenues?preview=true&rc=hwneun
Many users condemned Nvidia's revenue-sharing deals with cloud providers as fraudulent round-tripping, desperate accounting tricks, and an obvious unsustainable bubble that should be illegal.
No Digg Deeper questions have been answered for this story yet.
#1453Another awesome agenda-setting scoop from @theinformation team.
Nvidia is taking a revenue share if it backstops your neocloud. The AI financing permutations keep on coming.
Great story from @_pheebini
https://www.theinformation.com/articles/nvidia-says-will-take-cut-customers-cloud-revenues?utm_source=ti_app&rc=hwneun
boom: Nvidia will take a share of revenues from cloud providers whose GPUs it backstopped. Part of a new program dubbed the AI Compute Partnership.
$nvda https://www.theinformation.com/articles/nvidia-says-will-take-cut-customers-cloud-revenues?rc=c48ukx by @_pheebini
boom: Nvidia will take a share of revenues from cloud providers whose GPUs it backstopped. Part of a new program dubbed the AI Compute Partnership.
@amir Circle jerk grows more complex. Business A raises $300m in “funds” from Nvidia. It’s mainly GPU credits. Announces $500m ARR but 40% goes to Nvidia.
@Jessicalessin @theinformation @_pheebini By permutations do you mean different points on the circle?
@Jessicalessin @theinformation @_pheebini This is such an obvious bubble
@Jessicalessin @theinformation @_pheebini Nvidia really wants a piece of everything
@Jessicalessin @theinformation @_pheebini Nvidia seems to be setting it's foot firmly into financial services. Did someone say 'Nvidia Capital'?
I don't recollect even cisco at its peak doing all these comercial structuring.
@Jessicalessin @theinformation @_pheebini Let it rain.
@Jessicalessin @theinformation @_pheebini I canceled my subscription because of @TaylorLorenz
@Jessicalessin @theinformation @_pheebini That's actually scary and should be illegal. Maybe it can take on some of the debt of CireWeave while they are at it.
@Jessicalessin @theinformation @_pheebini So basically just plot of human centipede 3, where everyone eats everyone else poop 💩. 👍
@amir Coreweave?
@amir It's the same type of lying, just a little bit more transparent and desperate.
@Jessicalessin @theinformation @_pheebini "Financing permutations" is a nice way to describe fraud, round tripping, revenue padding, and selling to their own self-financed shell companies.