OpenAI is out of cash. It wanted to raise $30B last week but only $11b showed up. It’s now begging for an additional $9b (down from original request of $19b more) from plebs, but no one has committed anything. They want to raise money at a $1.25T valuation, while ANThropic is struggling to clear a $1.3T valuation for its IPO, and ANT is arguably worth double whatever OpenAI is worth, or more precisely OpenAI is half of ANT.
OpenAI is likely this week to lock in that $11b in commitments to prevent “cold feet clauses”, and then add incentives for the other cash it needs. Coreweave is another company that needs cash now, with no good options to raise any of it.
The AI circular financing bubble has OpenAI at the center. Instead of pretending it is worth $1T, all of the promises OpenAI has made have bankruptcy triggering clauses by the promise receivers, and under bankruptcy, selling off assets is worth less than $10b, and datacenters are dark without need for more of them, or more GPUs.
What seems surprising, is that even though the bubble fuckers know that collapse/pop occurs when OpenAI crashes, they are not stepping up with a measly $9b to keep it alive for a few months.
If it’s AMD hardware, you’re SOL - they removed ROPs entirely ~4 gens ago.
If it’s nVidia, it depends on what it is- firstly you need to get PCIe versions not SXM (unless China makes an SXM to PCIe adapter) then If it’s Hopper (2 gens ago) or Blackwell (Latest), it will perform badly for the specs, but it’s possible, if it’s Lovelace (last gen) or Ampere (3 gens ago), you could make it happen.
Hopper and Blackwell both skip RT cores and only have 24 ROPs no matter what model. Lovelace and Ampere are full-fat. An L40 should actually be a better GPU than an RTX4090 for the most part.
Yea they make the adapters for like $100 on eBay for smx2/3 cards. They’re reference designs and loud as fuck. So you have to retro fit proper fans to them. So it’s doable.
The L40s are expensive as fuck right now being a recent gen and all but shit if the bubble pops, then might see them getting sold for few hundred a piece. That’d be cool.