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Nvidia offers AI start-ups compute power in exchange for revenue share

Nvidia says it will give start-up customers access to compute power in exchange for a slice of future profits, under a new program aimed at AI-focused firms. The move deepens the chip maker's ties with young companies that struggle to secure scarce cloud capacity.

Server racks glowing in a data centre
Server racks glowing in a data centrePhoto: panumas nikhomkhai / Pexels
CNBC Top News1 h agoNVDA

Chip maker Nvidia has unveiled a new program aimed at young, AI-focused companies. Under the plan, start-ups can offer a share of their future revenue in return for access to compute power.

The arrangement is designed to ease the upfront burden for start-ups that struggle to afford scarce, high-cost graphics-processing capacity. For Nvidia, the move offers a way to build long-term ties with promising firms across a fast-growing artificial-intelligence ecosystem.

Analysts said the model could widen the chip giant's customer base but also ties part of its income to the success of the start-ups themselves. Details on the program's scope and eligibility terms are expected to become clearer in the coming period.

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This article is an AI-curated summary of the original story published by CNBC Top News. The illustration is a stock photo by panumas nikhomkhai from Pexels and is not from the original story.

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