US EditionStartups Use Nvidia Graphics Cards as Collateral for Loans: New Practice
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Startups are discovering an innovative way to raise big money by using NVIDIA accelerators as collateral. UK-based Fluidstack has already raised around $10 billion in this way, treating advanced GPUs as valuable financial assets. According to The Information, Fluidstack is one of the pioneers of the GPU-collateral-based financing model. The company buys chips such as NVIDIA... The post Startups Use NVIDIA Graphics Cards as Collateral for Loans: …
What do you do when a startup can't decide between a GPU upgrade and a cash flow need? It's simple: You turn your NVIDIA Hoppers into a kind of digital gold bar, deposit them as collateral at the bank, and collect billions. Welcome to the new financial era of artificial intelligence, where silicon is worth more than real estate. Fluidstack & [...] Source
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