BlackRock, Nvidia-backed group strikes $40 billion AI data center deal (www.reuters.com)
from geneva_convenience@lemmy.ml to technology@lemmy.ml on 15 Oct 13:12
https://lemmy.ml/post/37574449

Oct 15 (Reuters) - An investor group, including BlackRock and Nvidia (NVDA.O), will buy Aligned Data Centers from Macquarie Asset Management (MQG.AX) in a deal worth $40 billion, the companies said on Wednesday, as AI infrastructure expansion powers on.

The deal underscores an intensifying race to expand the costly, supply-constrained infrastructure required to develop artificial intelligence technology, as companies rush to build sophisticated AI models.

#technology

threaded - newest

wewbull@feddit.uk on 15 Oct 16:00 collapse

I’m not the only one seeing the 20 or so deals like this in the last few weeks. Right?

Is this because the SEC is shutdown?

geneva_convenience@lemmy.ml on 15 Oct 16:50 next collapse

No they are bloating their revenue

youtu.be/CBCujAQtdfQ

tekato@lemmy.world on 15 Oct 23:08 collapse

The purchases (like this one) are real. The partnership deals (AMD, ARM, Broadcom, CoreWeave) are all fake and only help NVIDIA, Oracle, and OpenAI avoid antitrust/anti-competitive suits in the future by feeding them breadcrumbs.

The real deal is Oracle hosting OpenAI models on NVIDIA hardware. Until we figure out if it’s a bubble or not, I guess the only company with guaranteed profit is TSMC.