Chipmaker Nvidia (NVDA) is offering revenue-sharing agreements to fast-growing start-up companies that will see them give up compute power in exchange for future profits.
The artificial intelligence (A.I.) microchip leader says its new partnership program offers startups the opportunity to share in its product and cloud revenue.
Nvidia named two initial Australian firms that will swap compute power for future profits.
Sharon AI will deploy up to 40,000 Nvidia GPUs, while AI infrastructure company Firmus Technologies says it is building a data centre in Indonesia that will house 170,000 Nvidia chips.
Nvidia is making the deals with startup companies amid scarce compute power for A.I. models and as companies grapple with rising costs and issues around availability.
Smaller A.I. firms are entering into revenue and equity-sharing agreements with chipmakers in order to circumvent liquidity issues.
OpenAI has inked a number of revenue-sharing deals with partners, including Amazon (AMZN) and Advanced Micro Devices (AMD).
Nvidia earlier this month said it was aiming to raise at least $20 billion U.S. through a corporate bond sale.
The company intends to use the proceeds from the debt offering for general corporate purposes, including repayment and refinancing its existing debt.
NVDA stock has risen 3% this year to trade at $194.83 U.S. per share.
