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With nVidia being the leading investor in many AI companies ( https://news.ycombinator.com/item?id=38602930 https://news.ycombinator.com/item?id=38602930 ) , is
by zdw 3y ago
With nVidia being the leading investor in many AI companies ( https://news.ycombinator.com/item?id=38602930 https://news.ycombinator.com/item?id=38602930 ) , is this just an ouroboros of the same dollars making a lot of noise with little of value produced, other than inflating all the involved stock prices and valuations?
- Jensson 3y agoLikely a majority of those investments are earmarked to be spent on NVidia hardware. It is common for companies to "invest" in startups by giving the free service, is both marketing and helps lock in new customers.
- shafyy 3y agoAlso, Microsoft investing billions of dollars into OpenAI, many of that in form of Azure credits, with OpenAI then spending those credits and more and bringing in revenue for Microsoft.