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Nvidia promises to financially backstop young cloud providers like Firmus that rent out its AI chips, in exchange for a revenue share through a new program (Phoebe Liu/The Information)
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Phoebe Liu / The Information: Nvidia promises to financially backstop young cloud providers like Firmus that rent out its AI chips, in exchange for a revenue share through a new program — Nvidia is using its powerful balance sheet to help more companies buy its expensive AI chips, and possibly make some money back too.
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