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Nvidia gets $500bn from major banks for AI build out - BBC

The money will be used to develop new data centres to house, operate, and cool miles of stacked computer chips that process AI data and actions.

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The chipmaker said it had struck deals with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR, and that the investors were for the first time treating AI hardware and infrastructure, o… [+48 chars]

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