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Unless it was NVIDIA that gave said company the money to buy said chips. The “money” transferring into NVIDIA’s accounts in many of these cases is NVIDIA’s mone
by cmiles8 1y ago
Unless it was NVIDIA that gave said company the money to buy said chips. The “money” transferring into NVIDIA’s accounts in many of these cases is NVIDIA’s money being used to buy its own chips.
Those sort of circular deals, at the scale they’re happening, is one of the things that’s freaking folks out at the moment.
- maartin0 1y agoOut of interest, do you have any specific examples of this?
- cmiles8 1y agoNvidia “invested” up to $100B in OpenAI. OpenAI uses much/most of that money to buy NVidia chips.
- belZaah 1y agoThe MS Azure deal is of the same nature. MS “invests” into OpenAI who then buys Azure services for the investment. OpenAI evaluation is increased and the musical chairs will continue for another round.