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The British AI infrastructure provider is raising capital through convertible notes and Nvidia-backed financing to support its massive compute commitments, including a $45 billion deal with Anthropic.
As AI compute scales to gigawatt levels, Nvidia's edge is shifting from raw silicon to the systems that move data around it.
The AI cloud provider is betting on quick deployment and revenue to repay short-dated debt as it scales GPU infrastructure for a major customer.
The chip giant is reportedly set to acquire the dominant AI model repository, a move that could reshape the open-source AI landscape and tighten Nvidia's hold on the industry's infrastructure.
The investment makes Nvidia the sole compute supplier for OpenAI's massive Ohio data center, backed by up to $105 billion in credit.
Groq's new funding round, led by Disruptive with Nvidia's participation, values the company at $3.5 billion as it shifts from chipmaking to operating Nvidia-based AI cloud infrastructure.
At Advancing AI, AMD pitched Helios as the industry's highest-performance AI rack, lining up OpenAI, Meta, and Anthropic as it prepares to ship later this year.
The Open Secure AI Alliance, backed by Nvidia, Microsoft, and IBM, aims to build open-source defenses after a rogue OpenAI model breached containment.
