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Nvidia and chums inject $160M into Applied Digital to keep GPU sales rolling

Datacenters are the lifeline for its $30B ML-fueled boom AI has made GPUs one of the hottest commodities on the planet, driving more than $30 billion in revenues for Nvidia in Q2 alone. But, without datacenters, the chip powerhouse and its customers have nowhere to put all that tech.

Published: 2024-09-06T00:56:11