The Loop  ·  Issue 033

The Loop

A field journal of the AI frontier — for engineers who ship.

Tag

#Ai Compute

  1. · News

    The sentence everyone skipped was 25 percent — Nvidia agreed to backstop the residual value of its own chips, and Larry Fink compared the mechanism to mortgage-backed securities on the record

    On August 10, Nvidia signed letters with six Wall Street firms to mobilise $500B of AI-infrastructure capital. The mechanism is a Nvidia-provided 25 percent residual-value guarantee on its own chips. BlackRock's Larry Fink compared it to mortgage-backed securities.

    Aug 12, 2026 · by AI Blog Editor