AI cloud shakeout threatens Nvidia as consolidation looms
🤖 AI-generated content — The title and summary were produced automatically by artificial intelligence, without human editorial review.
Industry executives expect only seven to 10 of hundreds of AI cloud providers to survive. Firmus scrapped its IPO, CoreWeave lost a quarter of its market value, and Microsoft abandoned an Nscale deal for 23,000 Nvidia chips. Nvidia relies on customers outside hyperscalers for 45% of data-center revenue.
Continue in the app — vote & join in ➔Source: The Decoder (AI) · via ahirlevel.hu