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chokednatchfield@lemmy.vg to 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

wccftech.com

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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

wccftech.com

chokednatchfield@lemmy.vg to Technology@lemmy.worldEnglish · 1 day ago
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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
  • TheLowClassics@startrek.website
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    19 hours ago

    all our 401ks are just gonna disappear thanks to this guy huh?

    • Cheebus@lemmy.world
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      3 hours ago

      now watch democrats get blamed as usual

    • cardfire@sh.itjust.works
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      9 hours ago

      You’re not gong to believe this and you’re not gong to like it.

      This guy was the most reasonable person in the Room. It’s a complete clusterfuck and the other AI firms are going to drag us all down so much further. AT least Nvidia has actual products and has real assets beyond liabilities and commitments.

    • Test_Tickles@lemmy.world
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      17 hours ago

      Oh on definitely not. Elon and Trump will be doing their part too.

      • phutatorius@lemmy.zip
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        11 hours ago

        Trump’s grifts (that we know about) are one or two orders of magnitude smaller than the cons that Musk or the LLM mob are running.

      • TheLowClassics@startrek.website
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        17 hours ago

        team work makes the dream work ! 😜

        im never gonna retire…

        • nastronot@lemmy.zip
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          16 hours ago

          No worries. All shall be goo.

          • TheLowClassics@startrek.website
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            16 hours ago

            oh great, a fresh nightmare to worry about, thanks!

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