NEWSUPDATE: Sources: Nvidia is nearing an investment in cloud compute service Lambda Labs, in a deal that could total $300M, after taking a large equity stake in CoreWeave (Maria Heeter/The Information)

Wednesday, 19 July 2023

Sources: Nvidia is nearing an investment in cloud compute service Lambda Labs, in a deal that could total $300M, after taking a large equity stake in CoreWeave (Maria Heeter/The Information)

Maria Heeter / The Information:
Sources: Nvidia is nearing an investment in cloud compute service Lambda Labs, in a deal that could total $300M, after taking a large equity stake in CoreWeave — Nvidia is known for its stranglehold over the market for the data center chips that power ChatGPT and other artificial intelligence software.

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