Nvidia 调整 AI 算力合作模式：以云收入分成取代租赁担保
精选理由
Nvidia 把租借担保改成云收入分成了，The Information 报的，360 亿美元的盘子怎么玩，这篇讲得挺清楚。
据 The Information 报道，Nvidia 正在重新设计其 AI 算力合作协议，用云服务收入分成替代原先的租赁担保。原因一是 Nebius 等优质云厂商不愿让渡利润，他们可以在别处融资；二是愿意签约的云厂商实力偏弱，Nvidia 担心其财务上过度依赖自己。Nvidia 的季度财报显示，其 AI 云承诺总额达 360 亿美元，协议期限通常为 6 年。
原文 · rohanpaul_ai
Nvidia is fundamentally rethinking its AI Compute Partnership, which swaps rental guarantees for a cut of cloud revenue.
- per The Information.
because the clouds it most wanted, like Nebius, refused to give up a slice of their profits when they could borrow elsewhere, while the clouds eager to sign up were weak enough that Nvidia feared they'd become too financially dependent on it.
Nvidia's quarterly filing listed $36B of AI cloud commitments on agreements typically running 6 years.