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NVIDIA offers debt-laden neoclouds its hardware, for a slice of revenue

Targeting the "high-growth, high-conviction AI native sector" of neoclouds.

NVIDIA offers debt-laden neoclouds its hardware, for a slice of revenue
Image credit: https://unsplash.com/@kkalerry

NVIDIA will give startups access to its servers in exchange for a share of the revenue they make using them, under a new business model launched this week.

The revenue-sharing programme will give AI cloud companies struggling to finance hardware payments cheaper access to hardware by asking them to hand over a share of their cloud earnings for an undefined period.

In a press release Wednesday, CFO Colette Kress said the deal opens the door for firms with “limited access to capital-intensive infrastructure”, with Australian neoclouds Sharon AI and Firmus the first to sign up.

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