Source: Nvidia agreed to rent 10K of its own AI chips from Lambda for $1.3B over four years, the latest example of Nvidia's circular financial arrangements
18,000 GPUs will be leased over 4 years, as Lambda gears up for its IPO Martin Peers / The Information : Nvidia's Chip Round-Trip Deals Rebecca Szkutak / TechCrunch : Cloud provider Lambda may be gearing up for an IPO Georgia Butler / DatacenterDynamics : AI cloud Lambda hires investment banks in preparation for IPO - report X: Ben Bajarin / @benbajarin : I mean, a company has to train and inference their models, run their AI coding workloads, make massive digital twin simulations, etc., somewhere. LinkedIn: Anissa G. : SCOOP w/ Natasha Mascarenhas: Lambda just inked the biggest deal in its history—a $1.5 billion contract to rent out high-end GPUs. — The customer? … Bluesky: Argenis Fernandez / @datalaunderer.com : Pretty sure the people at Bosch don't build their own BMWs, y'know. [embedded post] Paul Rietschka / @prietschka : This is insane. The bubble is running on fumes. — Lambda seems another Coreweave, I wonder how many others there are on the periphery of the bubble? — My guess is more than we'd care to know. [embedded post] Ed Zitron / @edzitron.com : Totally insane story from NVIDIA (an investor in Lambda) is now their biggest customer. Lambda recently raised $500m in debt to buy GPUs, secured using the GPUs it already owns. — www.theinformation.com/articles/ nvidia-quietly-boosts-cloud-ally-1-5- billion-deal-rent-ai-chips?rc= kz8jh3 [image]