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▶ 4:02 · $NVDA · Nvidia doubles down on open-source AI with $30B cloud spend to diversify beyond mega-labs
episode briefing
The Information

Nvidia Just Doubled Down on AI Models

2026-08-11 · 1 company · 5 thematic
sentiment
0 bull0 bear1 neu
speakers
phoebe lu

Phoebe Lu covers Nvidia for The Information and broke the story on Nvidia's open-source model strategy and cloud spending scale-up.

quote
“the outstanding kind of multi-year cloud services bill for uh from the Nvidia regulatory filing from April 2026 was um about 30 billion and that's pretty much triple that of a year ago... the directive really is to make the best open-sourc…”
—phoebe lu
now playing · $NVDA
$NVDA···neutral· mediumphoebe lu
Nvidia doubles down on open-source AI with $30B cloud spend to diversify beyond mega-labs
Nvidia is aggressively investing in open-source model development (Nemotron 4) and scaling cloud compute spending to $30B annually — triple year-over-year — to broaden its custome…