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Marcus Hutchins :verified:
@malwaretech@infosec.exchange  ·  activity timestamp 4 days ago

Wait, so AI companies are struggling to raise enough funding to build datacenters for their unproven technology. And to solve this, Nvidia is just handing out cash on the condition that those companies buy their GPUs, which is being spun as Nvidia building a walled garden? That kind of sounds like someone combined the Subprime Mortgage Crisis with a Ponzi Scheme.

https://www.theinformation.com/articles/jensen-huang-using-nvidia-cash-rule-ai-economy

The Information

How Jensen Huang is Using Nvidia Cash to Rule the AI Economy

Even by the standards of one of the most prodigious dealmakers in tech, the past month or so has been a head-spinning one for Nvidia’s Jensen Huang. Just in September, Nvidia agreed to buy any unused Nvidia graphics processing units that cloud provider CoreWeave doesn’t sell to other customers ...
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yes, it's me, liza 🇵🇷 🦛 🦦
@blogdiva@mastodon.social replied  ·  activity timestamp 4 days ago

@malwaretech and didn’t Trump nationalize #NVIDIA?

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zombiewarrior
@zombiewarrior@techhub.social replied  ·  activity timestamp 4 days ago

@blogdiva @malwaretech you buy like a billion $TRMP coins or 15 billion or something and then you don't have to get nationalized!
invisible hand!

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zombiewarrior
@zombiewarrior@techhub.social replied  ·  activity timestamp 4 days ago

@blogdiva @malwaretech they paid the bribe

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