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Technology@lemmy.worldEnglish · 1 day ago

Instead Of Lowering GPU Prices, Former NVIDIA CEO Jensen Huang Reportedly Financed AI Startups To Absorb Excess Silicon, Shattering The Shortage Perception

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Instead Of Lowering GPU Prices, Former NVIDIA CEO Jensen Huang Reportedly Financed AI Startups To Absorb Excess Silicon, Shattering The Shortage Perception

chokednatchfield@lemmy.vg to

Technology@lemmy.worldEnglish · 1 day ago

New details reveal that former NVIDIA CEO Jensen Huang used circular financing to fund AI startups and absorb excess TSMC wafers and memory rather than letting GPU prices drop

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1 day ago
It’s been known in the anti-AI spaces, but not necessarily in the mainstream.

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