Nvidia Corp. (NASDAQ:NVDA) has reportedly temporarily paused its financing program that offered credit support to AI cloud providers in exchange for a share of their revenue, backing away from the initiative less than two months after unveiling it.
Employees Raise Antitrust Concerns
Some of the company’s employees told current and potential customers they were worried the program could draw antitrust scrutiny, citing sensitivities around how much control the chip giant could exert over its customers’ businesses, The Wall Street Journal reported Thursday.
Nvidia stepped back from the program last week and could revamp it in the future or fold it into a different initiative, the report added, citing people familiar with the matter.
Nvidia did not immediately respond to Benzinga’s request for comment.
