NVIDIA Watch posted an update
Colette Kress, now Nvidia’s interim chief executive, helped shape the company’s financing deals with customers and AI firms, including CoreWeave, OpenAI and Nebius, the Daily Sabah reports.
Why it mattersThe article says Nvidia owns nearly 13% of CoreWeave, which buys Nvidia chips and rents computing power to AI developers. That overlap between investor, supplier and customer is one reason the arrangements have drawn questions about financial risk. It is a useful part of Kress’s brief as Nvidia searches for a permanent CEO: the AI-chip giant’s dealmaking is now part of the succession story, not just its product line.
Discuss: Should Nvidia keep investing in customers that buy its chips, or does that make the AI-computing boom harder to judge?
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