Nvidia's Faustian Bargain: Turning AI Chips into Mortgages Nvidia Corporation, a leading provider of artificial intelligence hardware, is attempting to transform its AI chips into an asset class that can be financed like mortgages.
This move involves partnerships with six major financial firms and aims to raise over $500 billion in outside capital for AI infrastructure.
The company's CEO, Jensen Huang, touts the potential of these "compute financing platforms" as a game changer for AI adoption.