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The funny part to me is they'll likely use that money to buy more H100's. > Last month, Inflection AI built a supercomputer worth hundreds of millions of dolla
by thewataccount 3y ago
The funny part to me is they'll likely use that money to buy more H100's.
> Last month, Inflection AI built a supercomputer worth hundreds of millions of dollars powered by 22,000 NVIDIA H100 compute GPUs.
What? InflectionAI has relatively little brand recognition, do I not know something about them, are they just the first in line, or is nvidia just selling this many cards in general? I can only imagine all the typical ones like lambda, AWS, openai, apple, <insert large tech company here> are buying even more?
EDIT: Wait if the collateral is for a 2.3B USD loan - how many cards do they have?!
- deleted 3y ago[deleted]
- multicast 3y agoIt really depends on the type of financial institution that has given the loan. A bank for this type of transaction is very unlikely nowadays, so I guess it is a private credit fund. Given that they have probably applied some sort of traditional Loan-to-value ratio, it's very likely that the $2.3 billion is only a portion of the total value. Meaning the cloud provider has received e.g. 50 or 80% of the total value of the H100's as a loan. It surely is not very much since electronics have a high depreciation rate from an accounting perspective (3-5 years max).
- deleted 3y ago[deleted]
- lldb 3y agoI read 16k H100’s for their datacenter in Texas