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#vendor financing

Articles tagged vendor financing.

Nscale Wants $3.5B Before Its IPO, and About $2B of It Would Come From Nvidia
Startups & Funding

Nscale Wants $3.5B Before Its IPO, and About $2B of It Would Come From Nvidia

Nscale is seeking up to $3.5 billion ahead of a New York listing, structured as $1.5 billion in convertible notes plus roughly $2 billion from Nvidia. Its contracted backlog went from about $51 billion to $103 billion in a month, and nearly the whole jump is one six-year Anthropic lease.

Jordan Beck
Nvidia Is in Talks to Back Perplexity Above $30B, a Customer That Runs on Its Chips
Big Tech

Nvidia Is in Talks to Back Perplexity Above $30B, a Customer That Runs on Its Chips

Nvidia is discussing an equity investment that would value Perplexity above $30 billion, up from roughly $20 billion last year. Perplexity's annualized revenue passed $750 million, and in July it committed to running agent workloads on Nvidia's Vera CPUs.

Sam Whitaker
Nvidia May Guarantee $250B of OpenAI's Ohio Data Center. The Debt Markets Balked First.
Big Tech

Nvidia May Guarantee $250B of OpenAI's Ohio Data Center. The Debt Markets Balked First.

Nvidia is in talks to provide a $250 billion financing guarantee to backstop OpenAI's 10-gigawatt Ohio data center, plus a separate roughly $350 billion package for chip purchases. OpenAI needs Nvidia's credit because it cannot secure the financing on its own.

Sam Whitaker