If you've ever claimed your hot new piece of gaming hardware was an investment, then this story is for you. Companies are using Nvidia's AI GPUs as collateral in deals with banks to borrow billions of dollars to further their businesses. This means even financial institutions are willing to recognise the potential value of these cards, which must be doing wonders for Nvidia's stock.
Fluidstack is a cloud startup company based in London that's just managed to score over $10 billion in funding according to a report by The Information (via WCCFtech). The company was able to leveridge its currently held supply of Nvidia AI GPUs to secure the loan from multiple financers including Macquarie.
