SoftBank is in talks to acquire large volume of Nvidia GPUs for AI development

From Investing.com: 2024-07-04 13:12:49

SoftBank is in talks to secure a large volume of Nvidia GPUs for AI development, with plans to borrow up to $10 billion for energy-related AI projects. Discussions suggest creating a special-purpose company for GPU acquisition. SoftBank is also exploring energy investments to meet AI data center power demands while focusing on Arm for AI hardware development.



Read more at Investing.com: SoftBank in talks to get its hands on large volumes of Nvidia’s GPUs: Report By Investing.com