In a move to support artificial intelligence (AI) startups, Nvidia Corp.

(NASDAQ:NVDA) has introduced a new initiative that provides access to high-performance computing infrastructure through a revenue-sharing and credit-support model.

The Jensen Huang-led company announced on Wednesday that the AI cloud providers would offer services powered by Nvidia technology under this program.

This setup enables Nvidia to profit from hardware sales and a share of the cloud providers' future earnings.

The initiative aims to alleviate the financial challenges encountered by emerging AI firms requiring access to expensive computing infrastructure.