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According to people familiar with the matter, Nvidia suspended part of its cooperation under a new financing plan. The plan provides credit support to AI cloud service providers in exchange for a portion of revenue share. According to people familiar with the matter, some Nvidia employees expressed concern to current and potential customers: the project may lead to antitrust scrutiny; at the same time, the extent to which the chip giant can influence customers' commercial operations also has policy sensitive issues. People familiar with the matter said that Nvidia suspended the project last week, less than two months until the official announcement of the project; the exact reason for the decision was not yet known. According to some sources, Nvidia may adjust the plan in the future or incorporate it into other projects. As this adjustment takes place, Nvidia is facing increasing scrutiny: outsiders are concerned that it is using its balance sheet to support various projects, and these projects will in turn drive demand for Nvidia chips. The company with the highest market capitalization in the world also recently cut back on plans to provide $250 billion in financing for OpenAI's large-scale data center project in Ohio due to concerns about how investors will view this potential debt.
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According to people familiar with the matter, Nvidia suspended part of its cooperation under a new financing plan. The plan provides credit support to AI cloud service providers in exchange for a portion of revenue share. According to people familiar with the matter, some Nvidia employees expressed concern to current and potential customers: the project may lead to antitrust scrutiny; at the same time, the extent to which the chip giant can influence customers' commercial operations also has policy sensitive issues. People familiar with the matter said that Nvidia suspended the project last week, less than two months until the official announcement of the project; the exact reason for the decision was not yet known. According to some sources, Nvidia may adjust the plan in the future or incorporate it into other projects. As this adjustment takes place, Nvidia is facing increasing scrutiny: outsiders are concerned that it is using its balance sheet to support various projects, and these projects will in turn drive demand for Nvidia chips. The company with the highest market capitalization in the world also recently cut back on plans to provide $250 billion in financing for OpenAI's large-scale data center project in Ohio due to concerns about how investors will view this potential debt.
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