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Startups are using Nvidia's AI GPUs as collateral to secure loans of up to $10 billion from financial institutions

  • Startups are using Nvidia's AI GPUs as collateral in deals with banks to borrow billions of dollars to grow their businesses.
  • Fluidstack, a London-based cloud startup, secured over $10 billion by leveraging their supply of Nvidia AI GPUs.
  • Companies like CoreWeave have also used Nvidia AI GPUs as collateral to secure loans worth billions of dollars.
  • Despite the rapid depreciation of tech, financial institutions seem confident in the value of these GPUs, raising questions about their future market impact.

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