Nvidia is reducing its cloud computing business.
According to reports, sources familiar with the matter revealed that Nvidia is reducing its focus on its cloud computing business DGX Cloud, which was positioned as a competitor to Amazon Web Services. According to a source directly familiar with the situation, the company is currently planning to mainly use this service for their own researchers, rather than actively seeking external corporate clients. The service is composed of servers powered by the company's artificial intelligence chips. The company had ambitious goals for its cloud business, believing it could eventually generate $150 billion in revenue.
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