Renting compute


"The firm is reportedly holding rental contracts worth more than $1.2 billion from Tencent alone.

"Renting compute power is becoming so common among Chinese companies that FT claims that an analyst at Bernstein Research claims that firms might find it more compelling to continue this arrangement, rather than buying NVIDIA's AI chips in China, since the computing capabilities they get through this means are significantly higher than what's available in the domestic market. 

"Even after the H200 is available to China, the B200 and B300 AI chips outperform the Hopper option by a significant margin, which shows that Beijing isn't devoid of cutting-edge American technology."

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