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Hacker News

They are just adding zeros to already obnoxious numbers that make no sense. The endgame is on.

by renegade-otter

OPEN AI is living true to their name and foundation principles. Non profit and NO PROFIT, lol.

by gla67890543

I imagine nvidia is securing these loans on the hardware being bought?

So if the company defaults they can take the GPUs and servers etc and sell those.

by fsuts

At what point do I start taking money out of my VTI holdings and parking it in cash - there is no way the market keeps going up.

by jdalgetty

Circular is a dumb way to describe it IMO, because it's not like both parties end up in the same place.

Nvidia is making trades for people to buy their GPUs.

Sometimes companies are trading stock for GPUs, sometimes money, other times something else.

In summary, Nvidia is selling GPUs.

by randyrand

can someone explain why this is actually bad?

nvidia spends X amount to invest in data centres or investments on the agreement that the counterparty spends Y amount back, the net delta is the actual amount of value being transferred aka Nvidia sells chips as usual despite the high numbers of X and Y?

The frontier labs do not have enough chips to meet demand, and AI demand is ferocious and climbing, so I'm not sure what the story is here

by vanuatu

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  • Hacker News
  • They are just adding zeros to already obnoxious numbers that make no sense. The endgame is on.
  • OPEN AI is living true to their name and foundation principles. Non profit and NO PROFIT, lol.
  • I imagine nvidia is securing these loans on the hardware being bought?

    So if the company defaults they can take the GPUs and servers etc and sell those.

  • At what point do I start taking money out of my VTI holdings and parking it in cash - there is no way the market keeps going up.
  • Alternative source https://finance.yahoo.com/technology/ai/articles/nvidia-plan...

    > The concern is familiar: NVIDIA money funds customers who then buy NVIDIA chips.

  • Circular is a dumb way to describe it IMO, because it's not like both parties end up in the same place.

    Nvidia is making trades for people to buy their GPUs.

    Sometimes companies are trading stock for GPUs, sometimes money, other times something else.

    In summary, Nvidia is selling GPUs.

  • can someone explain why this is actually bad?

    nvidia spends X amount to invest in data centres or investments on the agreement that the counterparty spends Y amount back, the net delta is the actual amount of value being transferred aka Nvidia sells chips as usual despite the high numbers of X and Y?

    The frontier labs do not have enough chips to meet demand, and AI demand is ferocious and climbing, so I'm not sure what the story is here