Sources: Nvidia is nearing an investment in cloud compute service Lambda Labs in a deal that could total $300M, after taking a $100M equity stake in CoreWeave (Maria Heeter/The Information)

Sources: Nvidia is nearing an investment in cloud compute service Lambda Labs in a deal that could total $300M, after taking a $100M equity stake in CoreWeave (Maria Heeter/The Information)

Maria Heeter / The Information:
Sources: Nvidia is nearing an investment in cloud compute service Lambda Labs in a deal that could total $300M, after taking a $100M equity stake in CoreWeave  —  Nvidia is known for its stranglehold over the market for the data center chips that power ChatGPT and other artificial intelligence software.