The ‘Price is Right’ for GPUs: The Startup Turning Nvidia Chips Into ‘Boring’ Bankable Assets
The Information
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AI Hardware
Good morning, Anissa here! The AI boom requires an enormous amount of new power plants, chips and data centers. But it also requires something that’s less visible: new financial plumbing that makes it possible to lend against this costly hardware. Miami fintech startup Barkr is one of the firms building the pipes, specifically for valuing AI chips being used as loan collateral, and has already attracted the attention of Nvidia.