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Nvidia is nearing a $300 million investment in Lambda Labs cloud compute service, building on its prior $100M stake in CoreWeave.
Nvidia's strategic capital deployment into GPU cloud providers signals intent to control the AI compute supply chain and capture value beyond chips.
Trade pressSlicast · July 18, 2023 · Global · Source: biztoc.com
importance 78Nvidia is nearing a $300 million investment in Lambda Labs cloud compute service, building on its prior $100M stake in CoreWeave.