ChipsThe Next Webabout 1 hour ago
Lambda raises $1B debt for Nvidia chip deal
1 min read
Lambda raised about $1B of private short-dated debt arranged by JPMorgan to buy Nvidia GPUs that Microsoft will lease. Nebius borrowed $775M against its own chips and holds a five-year Microsoft contract worth $19.4B.
Level
Hype check
Tap to vote and see what everyone thinks.
In this storyNvidia
Summary by ByteBrief
