This 2020 Nvidia chip is still going strong. That matters for the AI boom.

Michael Intrator, co-founder and chief executive officer of CoreWeave. Bloomberg/Getty Images CoreWeave signed a contract to rent Nvidia A100 GPUs into 2029, challenging AI depreciation fears. CoreWeave's deal suggests older Nvidia GPUs remain valuable, contrary to rapid obsolescence claims. Wall Street's massive AI i

Nvidia has joined forces with six prominent financial institutions to enhance AI infrastructure funding. The collaboration will see these firms create platforms aimed at financing companies that purchase Nvidia hardware. The goal is to harness over $500 billion in external capital, positioning AI chips as a fresh asset