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Nvidia pauses some deals with AI cloud companies

⏸️ Nvidia Just Paused Some AI Cloud Deals

Published by OOPSONLINE.IN · Source: The Manila Times · 1 min read · · Updated

👀 OOPS SAYS

Turns out even the company carrying the entire AI boom on its back needs to stop and make sure their cloud partners' checks will actually clear.

What actually happened

NVIDIA has paused some deals that were part of its new financing initiative that offered credit support to artificial intelligence (AI) cloud companies in exchange for a share of revenue, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

  • #ai
  • #nvidia
  • #pauses
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