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What does this mean? "To support the partnership, NVIDIA intends to invest up to $100 billion in OpenAI progressively as each gigawatt is deployed."
by xnx 1y ago
What does this mean? "To support the partnership, NVIDIA intends to invest up to $100 billion in OpenAI progressively as each gigawatt is deployed."
- jstummbillig 1y agoI am confused as to what the question is.
- solarexplorer 1y agoThat they will invest 10$ in OpenAI for each W of NVIDIA chips that is deployed? EDIT: In steps of 1GW it seems.
- re-thc 1y ago> What does this mean? > to invest up to i.e. 0 to something something
- losteric 1y agoso nvidia's value supported by the value of AI companies, which nvidia then supports?
- patapong 1y agoPerhaps it means OpenAI will pay for the graphics card in stock? Nvidia would become an investor in OpenAI thereby moving up the AI value chain as well as ensuring demand for GPUs, while OpenAI would get millions of GPUs to scale their infrastructure.
- vlovich123 1y agoNvidia is buying their own chips and counting it as a sale. In exchange they’re maybe getting OpenAI stock that will be worth more in the future. Normally this would count as illegally cooking the books I think but if the OpenAI investment pays off no one will care.
- toomuchtodo 1y agoWhat if it doesn't?
- vlovich123 1y agoStill unlikely they’d get prosecuted because they’re not trying to hide how they’re doing this and there’s no reasonable expectation that OpenAI is likely to fold. I doubt they’d improperly record this in their accounting ledger either.
- nutjob2 1y agoIt's a good question since it's probably the 99% case.
- deleted 1y ago[deleted]
- dtech 1y agoThey're investing in kind. They're paying with chips instead of money
- dsr_ 1y agoIt means this is a bubble, and Nvidia is hoping that their friends in a white house will keep them from being prosecuted, of at least from substantial penalties.
- mmmllm 1y agoThey will transfer the money to buy their own chips right before each chip is purchased