New premium newsletter from Ed Zitron: Is There Any Real Money In Renting Out AI GPUs?
(Clever use of Betteridge's Law of Headlines there, I gotta say.)
New premium newsletter from Ed Zitron: Is There Any Real Money In Renting Out AI GPUs?
(Clever use of Betteridge's Law of Headlines there, I gotta say.)
So if I understood NVIDIA's "strategy" right, their usage of companies like Coreweave is drawing in money from other investors and private equity? Does this mean, that unlike many of the other companies in the current bubble, they aren't going to lose money on net, because they are actually luring in investment from other sources in companies like Coreweave (which is used to buy GPU and thus goes to them), whileleaving the debt/obligations in the hands of companies like Coreweave? If I'm following right this is still a long term losing strategy (assuming some form of AI bubble pop or deflation we are all at least reasonably sure of), but the expected result for NVIDIA is more of a massive drop in revenue as opposed to a total collapse of their company under a mountain of debt?
Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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