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Nvidia, AI and TSMC
Chip fever has created an $11 billion debt market backed by Nvidia's AI-enabling GPUs
Wall Street firms are loaning billions to a handful of tech companies that have used Nvidia's AI-enabling chips as collateral, the FT reported.
Market value of Nvidia and TSMC surges in October on strong AI chip demand
Nvidia led a surge in market value among global firms in October, buoyed by unrelenting demand for its new supercomputing artificial intelligence chips as more companies integrate AI into their daily operations.
Nvidia and TSMC Gain Market Value in October Amid AI Chip Demand
Nvidia and TSMC saw significant gains in market value in October, driven by sustained demand for artificial intelligence (AI) chips. Nvidia’s market cap surged 9.3% to $3.26 trillion, propelled by its advanced supercomputing AI chips increasingly adopted by companies to enhance operations.
AI surge sparks $11 billion debt market as Wall Street backs Nvidia chip buyers
Wall Street giants have committed over $11 billion to a tech gold rush centered around Nvidia’s AI chips. Blackstone, Pimco, Carlyle, and BlackRock have fueled this new debt market, lending massive sums to “neocloud” firms like CoreWeave,
Datacenter Dynamics
1d
Microsoft to invest $10bn in CoreWeave by end of decade
Microsoft is set to invest around $10 billion in artificial intelligence (AI) cloud provider CoreWeave by the end of the ...
1d
AI-Powered Private Credit Will Shape The Future Of Lending
The marriage of AI with private credit will democratize access to the debt capital markets for the middle market businesses ...
18h
on MSN
Wall Street's $11 billion bet on AI firms fuelled by NVIDIA chips sparks global ambitions
Wall Street’s financial titans have invested more than $11 billion into a niche group of AI-focused tech companies. These ...
1d
Microsoft to Invest $10 Billion in CoreWeave for AI Cloud Infrastructure
Due mostly to the new Microsoft contract, CoreWeave, which offers cloud services renting access to Nvidia ( NVDA, Financials) AI chips, predicts its revenue will be around $8 billion next year.
CoinDesk
13d
Bitcoin Miners Are Pivoting to AI to Survive. Core Scientific Entered the Race Years Ago
AI clusters and bitcoin mining operations have vastly different needs. Core Scientific's chief development officer gets down ...
4d
Microsoft to spend $10B from 2023 to decade-end with CoreWeave, Information says
CoreWeave recently told investors that Microsoft (MSFT) intends to spend roughly $10B between 2023 and the end of this decade utilizing the ...
Crowdfund Insider
2d
AI Adoption Report: Artificial Intelligence Deal Count Surged to Highest Level Since Q1’22 Peak
CBInsights noted that the quarterly AI (artificial intelligence) deal count surged to reach "highest" level since Q1’22 peak.
NJBIZ
12d
CoreWeave clinches long-term lease, invests $1.2B at Kenilworth campus
CoreWeave’s commitment to invest over a billion dollars at the NEST campus demonstrates New Jersey’s leading role in ...
4d
Microsoft to spend about $10B to use CoreWeave data centers, Information says
CoreWeave recently told investors that Microsoft (MSFT) intends to spend roughly $10B between 2023 and the end of this decade utilizing the ...
Crypto News Flash
12d
Bitcoin Miner Core Scientific Grows AI Infrastructure With CoreWeave
Core Scientific partners with CoreWeave to expand its AI infrastructure, leveraging years of expertise in data center ...
Datacenter Dynamics
11d
CoreWeave to convert New Jersey lab building into data center
In the US, CoreWeave has signed leasing deals with the likes of Lincoln Rackhouse, Chirisa, Flexential, TierPoint, Digital ...
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