NVIDIA seeks to expand its business beyond large technology companies.

NVIDIA is seeking to reduce its dependence on large tech companies by reaching new partnerships and selling its AI chips to national governments, corporate groups, and challengers from major groups such as Microsoft, Amazon, and Google. This week, the American chip giant announced a multi-billion dollar deal with Humain in Saudi Arabia, while the UAE announced plans to coordinate with the US government to build one of the world's largest data centers. These "sovereign AI" deals are a key part of NVIDIA's strategy to attract clients outside of Silicon Valley. NVIDIA executives, industry insiders, and analysts say that the $3.2 trillion chipmaker plans to expand its business beyond super-scale enterprises. NVIDIA said that large cloud computing groups account for more than half of its data center revenue. The US company is working to support potential competitors of Amazon Web Services, Microsoft Azure, and Google Cloud. This includes making "cloud computing new forces" like CoreWeave, Nebius, Crusoe, and Lambda part of its growing "NVIDIA Cloud Partner" network.