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Nvidia’s $100 billion OpenAI investment raises eyebrows and a key question: How much of the AI boom is just Nvidia’s cash being recycled? (finance.yahoo.com)

submitted 6 months ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml

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[–] antifa_ceo@lemmygrad.ml 17 points 6 months ago

Money has never been more fake than it is now.

[–] ksynwa@lemmygrad.ml 8 points 6 months ago (2 children)

Nvidia is the literally the only big company that has made and profit out the LLM craze. OpenAI, Anthropic, Google, Microsoft, Meta are just riding on either VC money or their preexisting war chests. Nvidia are going to have to subsidise this craziness to keep it going a bit longer.

[–] yogthos@lemmygrad.ml 11 points 6 months ago

selling shovels in a gold rush is the sure way to make money, also here's just how insane the situation is

[–] ExotiqueMatter@lemmygrad.ml 7 points 6 months ago* (last edited 6 months ago)

So if anything happen to Nvidia, like oh I don't know, China closing the rare earth tap to TSMC so they can't make advanced chips anymore, the entire western AI industry will collapse.