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sanitation@lemmy.today to PC Master Race@lemmy.worldEnglish · 7 hours ago

NVIDIA Becomes A Buyer Of Last Resort For Its Own GPUs By Earmarking $7 Billion For Poolside, Just As Sam Altman Admits He Was Wrong On The AI Timeline

wccftech.com

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NVIDIA Becomes A Buyer Of Last Resort For Its Own GPUs By Earmarking $7 Billion For Poolside, Just As Sam Altman Admits He Was Wrong On The AI Timeline

wccftech.com

sanitation@lemmy.today to PC Master Race@lemmy.worldEnglish · 7 hours ago
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NVIDIA's $7 billion Poolside bet allows it redirect GPUs to internal Nemotron workloads if GPU buyers suddenly back off.
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  • ChicoSuave@lemmy.world
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    4 hours ago

    Half of FAANG is built on this circular financial lie. So many people banking on index funds will lose their retirement.

    • baines@lemmy.cafe
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      2 hours ago

      if index funds collapse the whole fucking economy goes with it

      • mursejoy@lemmy.zip
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        6 minutes ago

        This is my exact thought. If my IRA tanks because of total market index funds… not having a retirement will be the least of my worries. The entire country will collapse long before I make it to 67.

      • curiousaur@reddthat.com
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        39 minutes ago

        Don’t worry, we’ll bail them out.

  • cybervseas@lemmy.world
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    6 hours ago

    Can… regular people just get some GPUs instead pls

    • Lodespawn@aussie.zone
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      1 hour ago

      I’d settle for ram and ssds

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