Friday, November 22, 2024

Three Nvidia customers spent a collective $12.6B in Q3, when it had a total revenue of $35.1B; each of them spent $10B+ in the nine months to October (Christiaan Hetzner/Fortune)

Christiaan Hetzner / Fortune:
Three Nvidia customers spent a collective $12.6B in Q3, when it had a total revenue of $35.1B; each of them spent $10B+ in the nine months to October  —  Nvidia founder and CEO Jensen Huang doesn't have any real competition in the market for AI training chips.  —  MADS CLAUS RASMUSSEN—RITZAU SCANPIX/AFP VIA GETTY IMAGES



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...