NVIDIA Strikes $1.5B Deal to Lease Back 18,000 GPUs From Lambda


NVIDIA Strikes $1.5B Deal to Lease Back 18,000 GPUs From Lambda

📅 - NVIDIA, the dominant force in AI hardware, has entered into a $1.5 billion agreement with cloud services provider Lambda that highlights the extraordinary demand for GPUs and the unconventional ways they are being sourced. According to reports, the deal will see NVIDIA lease back 18,000 of its own GPUs from Lambda over a four-year period, effectively making the chipmaker the cloud firm's largest customer.

The agreement reportedly consists of two components: a four-year lease for 10,000 GPUs valued at approximately $1.3 billion, followed by a $200 million arrangement covering an additional 8,000 processors, believed to be older or less advanced models. The hardware was originally purchased [...][... Check source for end of article ...]
Tags: AI

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