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So they previously raised a BILLION dollars. Why are they raising more? I can't imagine this company spending a billion dollars in only a couple of years consid

by 6nf 9y ago

So they previously raised a BILLION dollars. Why are they raising more? I can't imagine this company spending a billion dollars in only a couple of years considering they're not even shipping anything yet.

rl3 9y ago
Because cutting-edge hardware is expensive as hell to develop. For example, Nvidia's R&D budget spend for just their Tesla architecture was $3B.
- Aeolun 9y ago
  But they make the money to justify it...
- rl3 9y ago
  Volta* architecture. Granted I'm sure Tesla was quite expensive too, but not that expensive. Pascal (Volta's predecessor) was in the billions however.