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Nvidia gets $500bn from major banks to develop AI data centres

BBC News·August 10, 2026
Nvidia gets $500bn from major banks to develop AI data centres

Nvidia has secured $500 billion in funding from major banks to support the development of AI data centres. The funds will be used to build new data centres that can house and operate extensive networks of stacked computer chips. These chips are designed to process large amounts of AI data and actions, and the data centres will also be equipped to cool the chips effectively. The investment is expected to drive significant advancements in Nvidia's AI capabilities.

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