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People familiar with the matter revealed that Nvidia is in talks to provide a multi-billion dollar debt credit guarantee for Nscale, an emerging AI cloud service provider, to build a 460 megawatt data center to be used by Anthropic. The deal has not yet been signed, and the terms are still subject to change. However, this incident shows once again that Nvidia continues to provide financial support to emerging cloud vendors such as Nscale, CoreWeave, and Firmus. These vendors are under pressure from investors because they have borrowed money and are still in need of continued financing to build AI-specific data centers.
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People familiar with the matter revealed that Nvidia is in talks to provide a multi-billion dollar debt credit guarantee for Nscale, an emerging AI cloud service provider, to build a 460 megawatt data center to be used by Anthropic. The deal has not yet been signed, and the terms are still subject to change. However, this incident shows once again that Nvidia continues to provide financial support to emerging cloud vendors such as Nscale, CoreWeave, and Firmus. These vendors are under pressure from investors because they have borrowed money and are still in need of continued financing to build AI-specific data centers.
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