Global financial advisory and consulting firm, founded in 1981
Nvidia has announced memorandums with six Wall Street firms to assemble about $500 billion to finance AI infrastructure — data centres, GPU clusters and related compute — for customers that lack cash or credit. Executives are pitching compute as an investable asset class while analysts warn depreciation risk and competition from China could erode collateral value.
Administrators warn BrewDog’s assets sales fall short of paying all creditors. Unsecured creditors will receive less than a penny in the pound; HMRC and staff wages owed face shortfalls as Tilray’s rescue deal leaves equity worthless for 200,000 crowdfund investors.