Nvidia’s plan feels eerily familiar
Nvidia and Wall Street's biggest names are lending customers $500 billion to buy chips, with computing power itself as collateral. The structure is uncomfortably reminiscent of 2008.
Nvidia and Wall Street's biggest names are lending customers $500 billion to buy chips, with computing power itself as collateral. The structure is uncomfortably reminiscent of 2008.
American tech companies are buying Swedish electricity, funding Swedish startups and registering them in Delaware. The largest values end up outside Sweden's borders.
New information suggests Lyten's purchase of Northvolt was motivated as much by access to green electricity as by battery manufacturing — and that electricity may ultimately power a Google data center.