Circular Technology
Coverage of Circular Technology in the Nexus archive.
- Nvidia has a new way to sell more AI chips: help customers buy them
Nvidia is collaborating with neocloud providers like GMI Cloud to secure financing for AI chip purchases through a new model where it backs loans for customers. This approach allows startups and specialized cloud providers faster access to GPUs while expanding Nvidia's market reach.
- Big Tech earnings season and the capex spiral
Big Tech's upcoming earnings season focuses on AI data center spending rather than profit or revenue. Companies like Google, Amazon, Microsoft, and Meta plan over $700 billion in 2024 capex, but rising costs for memory chips, construction, and power are reducing the value of each dollar, creating a self-perpetuating cost spiral.
- Why Nvidia turned to Microsoft for one of its biggest leadership hires in years
Nvidia hired Nick Parker, a 26-year Microsoft veteran, to lead its global sales operations. Parker replaces Jay Puri, who is transitioning to an advisory role after 21 years. The move aims to address challenges in deploying AI solutions for customers.