Leading tech firms are increasingly tying together chips, power and data center development as they race to secure the infrastructure needed for increasingly power-hungry AI models.
With its latest move, Nvidia is poised to provide potentially tens of billions of dollars of what's called "residual value" support for debt deals tied to the artificial intelligence build out
The proposed investment is part of Nvidia's talks with OpenAI and SB Energy on providing around $100 billion in credit support for the planned Ohio data centre campus
US insurers, money managers and banks are expected to form the core investor base as Goldman explores private credit and debt structures for the financing.
Nvidia has introduced Nemotron 3.5 Lightning, a 30-billion-parameter open model for agentic workloads, as Nvidia, Meta and others back a broader industry push for open-weight AI
Meta has released the weights of Muse Glimmer, a 30-billion-parameter model built for local AI agents, coding and tool use, and designed to run on a Mac or PC with a single consumer GPU
Apple has overtaken Nvidia to become the world's most valuable listed company again. But this isn't just a story about stock prices. It's a story of two very different AI strategies:
Apple briefly overtakes Nvidia in intraday trade as investors broaden their focus beyond AI chipmakers, narrowing the gap in the race for the world's top valuation
Shipments of AI racks are expected to maintain their momentum in the current quarter, while demand for information and communications technology products is entering peak season
The data centre and AI cloud firm expects most of its revenue to come from overseas customers as it scales GPU cloud capacity and AI infrastructure services
