Nvidia, the company powering essentially the entire AI boom, is now looking to rent back its own chips. According to The Information, Nvidia has now signed a deal with Lambda, a cloud service provider in which it has already invested, to lease back some of its own GPUs over a period of time.
The details of the purported agreement are unclear, but reports suggest a four-year lease for 10,000 GPUs, valued at approximately $1.3 billion, followed by a separate $200 million deal for an additional 8,000 (likely lower-end/older) chips. These are Nvidia GPU servers that Lambda once bought from the company, and now the chipmaker wants to rent these back. This contract will make Nvidia, by far, the biggest client under Lambda's belt.
