NVIDIA-BACKED AI CLOUD PROVIDER RAISES $225 MLN TO BUY MORE NVIDIA CHIPS - THEINFORMATION
AI Agenda: Why Nvidia and CoreWeave Want to Buy AI Inference Startups Nvidia and CoreWeave are looking to buy AI inference startups to boost cloud services and GPU efficiency. Read more from @steph_palazzolo👇
A recent report from the Chinese media outlet Zhineng Yongxian said that an Nvidia H100 server configured with eight GPUs now rents for 75,000 yuan per month, down from highs of around 180,000. $dlr $eqix $msft $Nvda ai-ai-uh-oh https://t.co/8WsL3kZTB6
Nvidia is expanding its presence in the cloud and enterprise services market by acquiring an AI cloud and GPU reseller that competes with Together AI. This move is part of Nvidia's strategy to penetrate AWS's territory. Additionally, Apple has reportedly placed orders for Nvidia AI server chips worth $1 billion, which translates to approximately 250 units of the GB300 NVL72 systems, priced between $3.7 million and $4 million each. In related news, the rental price for an Nvidia H100 server with eight GPUs has decreased to 75,000 yuan per month, down from previous highs of around 180,000 yuan. Furthermore, Nvidia and CoreWeave are actively seeking to acquire AI inference startups to enhance their cloud services and GPU efficiency. A Nvidia-backed AI cloud provider has also raised $225 million to purchase more Nvidia chips.