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NVIDIA is about to spend $750 billion on AI

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Ayesha Rascoe, photographed for NPR, 2 May 2022, in Washington DC. Photo by Mike Morgan for NPR.

NPR's Ayesha Rascoe asks Bloomberg AI infrastructure reporter Dina Bass about concerns over circular financing in the AI sector.

Key facts

Summary

AYESHA RASCOE, HOST:. Seven hundred and fifty billion dollars. That's what reporters from The Information, The Wall Street Journal and Bloomberg say chipmaking giant Nvidia is thinking of spending on data centers to strengthen its supply chain. And so, you know, in the past month alone, Nvidia has unveiled a partnership with South Korean conglomerate SK Group, which means those companies will be doing more than 500 billion in business with each other. There's also concern that with all of the interlocking relationships, any impairment to one company risks kind of spreading a contagion throughout the whole, you know, ecosystem of all of these companies.

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