3 ms·
The weird thing with AI startups is the funding is kind of smoke and mirrors. So much of the funding is tied up in NVDA, MSFT, GOOGL, or AMZN incentives that t
by candiddevmike 2y ago
The weird thing with AI startups is the funding is kind of smoke and mirrors. So much of the funding is tied up in NVDA, MSFT, GOOGL, or AMZN incentives that the actual cash value is... murky.
May be hard to pay salaries with GPU credits.
- matsemann 2y agoAnd how many of these companies' customers are just other VC funded startups burning money and buying services adjacent to their own? Like a bigger circle.
- pixiemaster 2y agoyes that’s the real bubble here. it’s practically a pyramid scheme owned by the hyperscalers.
- Y_Y 2y agoWelcome to the New Old Kingdom
- WalterSear 2y agoGPU credits are certainly paying salaries at NVDA. https://justdario.com/2024/05/no-nvidia-is-only-one-piece-of-a-bigger-fraudulent-puzzle/ https://justdario.com/2024/05/no-nvidia-is-only-one-piece-of...
- throwaway4pp24 2y ago[flagged]
- lumost 2y agoThe recent Mistral announcement is telling, the model was trained as a "collaboration" with NVidia.