Nvidia Sprays the Cash; FCC Chair’s SpaceX Defense

If you’re in need of a billion or two in cash, why not hit up Jensen Huang? The Nvidia CEO has plenty of money to spare, particularly if you’re in business with him in some way. Nvidia’s announcement on Wednesday that it was putting $2 billion into Nebius, a European AI data center developer, was the fourth investment in a business partner Nvidia has announced this month. 

Earlier this week the chip giant unveiled a partnership with Thinking Machines Lab, involving a “significant investment” by the chip designer in the AI startup. Last week Nvidia announced it was putting $2 billion into Coherent and the same into Lumentum, two companies involved in making lasers and other highly sophisticated components for data centers.