August, for example, Nvidia agreed to provide a backstop worth up to $105bn for a vast data centre in Ohio that will use lots of its chips. A week earlier it had revealed plans to mobilise more than $500bn of investment in AI infrastructure with the help of six big Wall Street firms,

Plus, models from Anthropic, Google and World Labs

Digital infrastructure company Equinix Inc. (NASDAQ:EQIX) and AI chipmaker NVIDIA Corporation (NASDAQ:NVDA) have expanded their partnership today to target the next major phase of artificial intelligence spending: inference.

Nvidia invests $3.5 billion into Taiwanese chipmaker MediaTek. The deal shows how Nvidia plans to stay essential to AI infrastructure as Big Tech begins to build its own AI chips.

Last-mile delivery company OneRail is launching a new platform with Nvidia to use AI to help retailers make faster and more efficient delivery decisions.

An expanded partnership with MediaTek shows that Nvidia is interested in making its AI ecosystem compatible with the world of custom chips, a portfolio manager says.

Nvidia’s $3.5 billion MediaTek deal positions the company to control the infrastructure behind custom AI chips, turning the shift to custom silicon into a toll business.

Shares of MediaTek Inc. soared after the Taiwanese chipmaker scored a $3.5 billion outlay from Nvidia Corp., the American chipmaking giant’s largest ever direct investment outside the US.

What does that imply about the future? Nvidia stock closed at $210 per share ahead of the latest earnings report on Aug. 26. The price has since increased 4% to $217 per share. But if its performance matches the historical average, it will decline about 7% to $202 per share (i.e., 4% below the pre-earnings price) by late September.

Nvidia is negotiating to buy Hugging Face to lock down the software layer, as its biggest customers are racing to build their own AI chips to dominate a full ecosystem.