GPUs’ Latest Magic Act: Securing Data Center Debt; Amazon’s Doubling Down on AI Chips

While Nvidia makes bank from selling artificial intelligence chips at $32,000 a pop, several upstart cloud providers—as well as the big guns like Amazon Web Services—are buying as many chips as they can so they can rent them out to AI developers. These cloud providers hope to generate revenue of at least several times that sticker price for each chip. Will that gamble pay off?

That’s the question in our mind as we hear that Crusoe Energy, a …

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