This 2020 Nvidia chip is still going strong. That matters for the AI boom.
By Alistair Barr
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Author of the Tech Memo newsletter
CoreWeave recently rented Nvidia A100 GPUs into 2029, suggesting AI chips stay useful and hold their value far longer than critics feared.
CoreWeave secured A100 GPU rentals through 2029, proving nine-year lifespan contradicts rapid obsolescence fears in AI hardware. Longer asset lifespans reduce depreciation risk for datacentre investments, supporting multibillion-dollar PE commitments to AI compute.
This 2020 Nvidia chip is still going strong. That matters for the AI boom.
By Alistair Barr
You're currently following this author!
Want to unfollow? Unsubscribe via the link in your email.
Author of the Tech Memo newsletter

CoreWeave proves Nvidia's aging AI GPUs from 2020 can generate profit nine years after deployment, signs A100 contracts into 2029 — power constraints and legacy infrastructure keep old GPUs profitable

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The A100 first launched in 2020.

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