Order win● Neutral for Indian equities
Greenko founders-backed AM Intelligence orders 20,000 Nvidia GPUs in $4 billion deal
The brief
- Greenko-backed AM Intelligence committed $4 billion to buy 20,000 Nvidia Vera Rubin GPUs
- The purchase targets 70 MW of new AI compute capacity in India and Malaysia
- The planned capacity build could benefit Indian data-centre and power-infrastructure companies
- Jensen Huang's net worth crosses $200 billion, becomes world's 7th-richest person as Nvidia shares hit record
- Nvidia Hits First Record Since May As Value Nears $6 Trillion
- Amazon explores shifting $8 billion of Nvidia chips to investors and leasing them back
- Nvidia’s chip financing strategy faces Wall Street scrutiny
- Nvidia is touting a software tool to contain runaway AI. How would it work?