Nvidia reportedly competes for AI platform gateways; three customers contribute 44%of revenue

AT A GLANCE

The report says Nvidia is competing for AI developer gateways, and that during the six-month period 44%of its revenue came from three direct customers.

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Huang Renxun’s scramble AI for the gateway: Nvidia 44%Revenue depends on three customers

Dongcha Beating AI news flash: Nvidia has recently been investing heavily in AI companies, while also holding undisclosed acquisition talks. The Information disclosed that Huang Renxun once tried to join the bidding war for OpenRouter. At the time, Stripe and Databricks were already negotiating an acquisition. Nvidia said it was willing to make a generous offer, but needed more time to evaluate the deal. The founder of OpenRouter did not wait and ultimately chose Stripe. Nvidia did not even have time to make a formal offer.

A similar contest also took place over Hugging Face. OpenAI had considered investing in 100000000 USD, while companies including Salesforce also intended to acquire it. The co-founder of Hugging Face then proactively contacted Huang Renxun. Nvidia quickly finalized an acquisition agreement for approximately 12900000000 USD, equivalent to more than 80 times the company’s annualized revenue.

Both platforms are important gateways for AI developers. Hugging Face enables developers to publish, download, and use open models, while OpenRouter allows users to access hundreds of models through a single interface. They do not need to build the most powerful AI models themselves, yet they connect large numbers of model developers and users.

Huang Renxun’s aggressiveness is linked to Nvidia’s growing dependence on a small number of customers. Financial statements show that, during the months ended July this year, three direct customers contributed 44%of Nvidia’s revenue. If the AI market is dominated by a few giants in the future, Nvidia’s chip business will also become increasingly constrained by them. Huang Renxun hopes to see thousands of models coexist, prompting more companies to continue buying and using AI computing capacity.

Nvidia is also looking for new buyers beyond data centers. Perplexity CEO once proactively proposed that Nvidia acquire the company, and the two sides even discussed a technology-licensing and talent-recruitment transaction worth at least 20000000000 USD. Ultimately, they chose to cooperate, moving Perplexity’s AI Agent to run locally on DGX Spark. Nvidia also plans to invest approximately 3000000000 USD.

Original article link https://m.theblockbeats.info/flash/370765

Key points

The Information disclosed that Huang Renxun once tried to join the bidding war for OpenRouter.
The article says Stripe and Databricks were negotiating to acquire OpenRouter at the time, and that OpenRouter’s founder ultimately chose Stripe.
The article says Nvidia was willing to make a generous offer for OpenRouter, but did not have time to make a formal offer.
The article says Nvidia quickly finalized an acquisition agreement for Hugging Face worth approximately 12900000000 USD.
The article explains that Hugging Face supports developers in publishing, downloading, and using open models, while OpenRouter allows users to access hundreds of models through a single interface.
The article cites financial statements, saying that during the months ended July this year, three direct customers contributed 44%of Nvidia’s revenue.
The article says Nvidia and Perplexity ultimately chose to cooperate, moving Perplexity’s AI Agent to run locally on DGX Spark.
The article says Nvidia plans to invest approximately 3000000000 USD。

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

The core point of the report is that Nvidia not only sells AI chips, but is also seeking to connect developers, models, and users through platforms. The report argues that this could help Nvidia reach more buyers of computing capacity and reduce its dependence on a small number of direct customers.

Why it matters to readers

If the customer share reported is accurate, Nvidia’s revenue is relatively concentrated among a small number of customers;AI developer platforms and local-deployment partnerships may affect the sources of its future demand for computing capacity.

Beginners should focus on points: whether the relevant acquisitions and investments receive formal confirmation from the companies, and whether the share of revenue from Nvidia’s major customers changes in subsequent financial reports.

Risks and unknowns

Approximately 12900000000 USD The agreement to acquire Hugging Face was not directly confirmed by NVIDIA or Hugging Face in the evidence.
Approximately 3000000000 USD The plan to invest in Perplexity was not directly confirmed by the companies concerned in the evidence.
At least 20000000000 USD The discussions on technology licensing and talent recruitment did not provide direct documents or confirmation from the parties involved.
44%Although the share of revenue was described as coming from financial reports, the evidence did not include the original reports.
“This year July” can only be inferred as a specific year from the context; the year is not explicitly stated in the body of the evidence.

Nvidia reportedly competes for AI platform gateways; three customers contribute 44%of revenue

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