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  • Nvidia talks to insurers about loans backed by its AI chips, FT reports

    Nvidia has talked to insurers about taking on some of the risk of loans backed by its AI chips, the Financial Times reported on Tuesday. The talks are at an early stage and may not lead to any deals, according to the FT. TNW has not independently verified the report.

    The Next Web AI2 min read

  • AI needs $6tn a year by 2031 to pay for its data centres, Bain says

    The AI industry will need about $6tn in annual revenue by 2031 to pay for the data centres being built today. Bain & Company makes the estimate in its Global Technology Report, published on Tuesday. Existing AI products could bring in only $1.2tn to $1.8tn of that.

    The Next Web AI3 min read

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