Comment by cmiles8

Comment by cmiles8 17 hours ago

3 replies

Unless it was NVIDIA that gave said company the money to buy said chips. The “money” transferring into NVIDIA’s accounts in many of these cases is NVIDIA’s money being used to buy its own chips.

Those sort of circular deals, at the scale they’re happening, is one of the things that’s freaking folks out at the moment.

maartin0 16 hours ago

Out of interest, do you have any specific examples of this?

  • belZaah 9 hours ago

    The MS Azure deal is of the same nature. MS “invests” into OpenAI who then buys Azure services for the investment. OpenAI evaluation is increased and the musical chairs will continue for another round.

  • cmiles8 16 hours ago

    Nvidia “invested” up to $100B in OpenAI. OpenAI uses much/most of that money to buy NVidia chips.