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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
  • ch00f@lemmy.world
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    1 day ago

    Haven’t we known that Nvidia was paying people to buy their hardware for a while now?

    • andyburke@kbin.earth
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      1 day ago

      Yes. But normies didn’t.

      • Grandwolf319@sh.itjust.works
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        1 day ago

        No, everyone knew, the line kept going up though so no consequence

        • rants_unnecessarily@piefed.social
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          6 hours ago

          No. No they didnt, jesus christ. How much do you think the majority person cares about PC game part prices and the reasons behind them?

        • SaharaMaleikuhm@feddit.org
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          17 hours ago

          People don’t pay attention to this. This definitely wasn’t common knowledge.

    • jollyrogue@lemmy.ml
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      1 day ago

      It’s been known in the anti-AI spaces, but not necessarily in the mainstream.

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