The Race to Rent Out Nvidia Chips in the Cloud Intensifies

Demand for Nvidia’s artificial intelligence chips has spawned half a dozen multibillion-dollar cloud providers that buy the chips, install them in data centers and rent them out to OpenAI and other AI developers. Another upstart, Together AI, is now joining the race among these neoclouds, which compete against traditional cloud providers such as Amazon and Google.

San Francisco–based Together, which has been leasing Nvidia chip servers from cloud providers and then renting them out to other startups, is beginning to make its own substantial purchases of Nvidia chips and has also discussed working on data center facilities in Saudi Arabia, said two people involved in the Saudi discussions and a third person with knowledge of the talks.