Financing
Ongoing coverage on Financing.
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How to lease an iPhone instead of buying one
Apple has introduced a new Upgrade Program that allows consumers to lease an iPhone instead of purchasing it outright. This program aims to make the monthly cost of owning an iPhone more affordable.
Nvidia guarantees up to 25% of GPU residual value to unlock a $500 billion AI financing push
Nvidia is offering a contractual guarantee to cover up to 25% of the residual value loss on its GPUs, aiming to facilitate over $500 billion in third-party capital for AI infrastructure. This move, intended to mitigate depreciation risk and address financing challenges for AI companies, has drawn scrutiny and a cautious market reaction. CEO Jensen Huang frames it as a pivot towards repeatable financing platforms, while critics like Michael Burry question the long-term viability of GPU depreciation.
Apple Upgrade is a great deal on paper, but make sure you read the fine print
The Apple Upgrade program offers a seemingly good deal on paper, but users should carefully review the terms and conditions to avoid unexpected fees. Planning ahead is essential to ensure a smooth experience with the financing plan.
Auditors warn Don't Nod will run out of cash by November if it is unable to secure financing
French game developer Don't Nod is at risk of running out of cash by November if it cannot secure additional financing, according to its auditor. The company has sought capital from its largest shareholder, Tencent, without success, and has also failed to secure funding from other industry players. Don't Nod, known for Life is Strange, has previously restructured and made staff redundant.