6 stories for “AI infrastructure”
When Nvidia buys shares of Meta, which buys Nvidia's chips, that isn't confidence in the future. It's a loop. Tonight's results will test the question everyone avoids: who ends up paying.
Nvidia will buy $3 billion of stock and AMD $1 billion, as part of a $25 billion offering that was about five times oversubscribed. Meta is also expanding its use of Vera Rubin chips.
According to Bezeq CEO Nir David, private customers' use of chatbots, personal assistants and AI tools tripled in just three months. Data traffic used to double only every two and a half to three years.
According to a filing with the US Securities and Exchange Commission, Elon Musk's company will lease Nvidia Vera Rubin chips from an entity managed by Apollo. It is one of the largest compute financing deals signed to date.
Bank of America, Citi, Morgan Stanley and Blackstone will fund a special-purpose company that buys the chips and leases them to the maker of Claude. Broadcom is guaranteeing part of the risk, and Moody's is already sounding a warning.
After its first quarter of negative free cash flow in more than a decade, the social media giant turns to the capital markets. Nvidia, AMD and Broadcom signal interest in taking part.
