#gpu-supply

#gpu-supply

Nscale, the vertically integrated AI-infrastructure company, has secured an additional $790m of debt financing to continue building out its AI data centre in Narvik, northern Norway, the company said on Monday. The committed facility was provided by ABN AMRO, DNB, Eksfin (Export Finance Norway) and Nordea, with Skandinaviska Enskilda Banken (SEB) acting as Mandated Lead Arranger alongside the bookrunner banks. ABN AMRO, DNB, and Nordea acted as Bookrunners on the trade.

The ongoing RAM shortages and the associated increase in RAM prices are starting to affect other pieces of hardware that make use of fast memory. Graphics cards are especially susceptible, which has seemingly forced Nvidia to start discontinuing at least two 50-series cards that ship with 16GB of VRAM. A report by Hardware Unboxed states that several GPU manufactueres have designated both the RTX 5070Ti and the 16GB version of the RTX 5060Ti as "end of life," meaning that no new stock is being produced.