The Lemmy Club
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
chgxvjh [he/him, comrade/them]@hexbear.net to technology@hexbear.netEnglish · 8 days ago

Pledge to Invest $100 Billion in OpenAI Was ‘Never a Commitment,’ Says Nvidia's Huang

finance.yahoo.com

external-link
message-square
14
link
fedilink
77
external-link

Pledge to Invest $100 Billion in OpenAI Was ‘Never a Commitment,’ Says Nvidia's Huang

finance.yahoo.com

chgxvjh [he/him, comrade/them]@hexbear.net to technology@hexbear.netEnglish · 8 days ago
message-square
14
link
fedilink
“It was never a commitment,” Huang told reporters in Taipei on Sunday. As part of a letter of intent signed in September, Nvidia said it planned to invest as much as $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure. The deal was designed to help OpenAI build data centers with a capacity of at least 10 gigawatts of power — equivalent to the peak electricity demand of New York City — equipped with Nvidia’s advanced chips to train and deploy AI models.
alert-triangle
You must log in or # to comment.
  • chgxvjh [he/him, comrade/them]@hexbear.netOP
    link
    fedilink
    English
    arrow-up
    42
    ·
    8 days ago

    This means things are going great, right?

    • loathsome dongeater@lemmygrad.ml
      link
      fedilink
      English
      arrow-up
      32
      ·
      8 days ago

      This is good for bitcoinAI

  • Philosoraptor [he/him, comrade/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    29
    ·
    8 days ago

    Ed Zitron continues to win

    • Beaver [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      28
      ·
      8 days ago

      Who will win:

      The entire economy

      or

      One “do your financials make any sense at all” boi

    • chgxvjh [he/him, comrade/them]@hexbear.netOP
      link
      fedilink
      English
      arrow-up
      17
      ·
      8 days ago

      Recently binged through all the Trashfuture episodes with Ed.

  • jackmaoist [none/use name]@hexbear.net
    link
    fedilink
    English
    arrow-up
    22
    ·
    8 days ago

    Are they finally pulling back? Microsoft was also toning down copilot in windows.

  • supafuzz [comrade/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    19
    ·
    8 days ago

    lol, lmao

  • peeonyou [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    10
    ·
    8 days ago

    good. it’s happening.

  • D61 [any]@hexbear.net
    link
    fedilink
    English
    arrow-up
    8
    ·
    8 days ago

    football-lucy football-charlie-brown

  • Test_Tickles [any]@hexbear.net
    link
    fedilink
    English
    arrow-up
    5
    ·
    8 days ago

    So what’s the easiest & quickest way to take a short position against AI companies? The stock market is morally rotten but I would not feel bad making a few dollars from this.

    • sexywheat [none/use name]@hexbear.net
      link
      fedilink
      English
      arrow-up
      8
      ·
      8 days ago

      The market can stay irrational longer than you can stay solvent.

      • Test_Tickles [any]@hexbear.net
        link
        fedilink
        English
        arrow-up
        2
        ·
        8 days ago

        lol that’s true for as long as I can remember

    • AF_R [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      2
      ·
      7 days ago

      Dollar cost averaging into VT with as much money as you can spare over your entire life will beat literally 99.99999% of traders in terms of long term results per dollar invested

      But to answer your question, I buy MCHI lmao. I don’t expect to see results from it for at least 20 years. I don’t expect to even be green for 10 years.

      But when the dollar collapses and as US continues to decline… I know what I’d rather own.

      (Hah, got you again. It’s VT. It’s always VT. It rebalances every quarter.)

    • chgxvjh [he/him, comrade/them]@hexbear.netOP
      link
      fedilink
      English
      arrow-up
      2
      ·
      8 days ago

      Oracle seems seriously overexposed.

technology@hexbear.net

technology@hexbear.net

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@hexbear.net

On the road to fully automated luxury gay space communism.

Spreading Linux propaganda since 2020

  • Ways to run Microsoft/Adobe and more on Linux
  • The Ultimate FOSS Guide For Android
  • Great libre software on Windows
  • Hey you, the lib still using Chrome. Read this post!

Rules:

  • 1. Obviously abide by the sitewide code of conduct. Bigotry will be met with an immediate ban
  • 2. This community is about technology. Offtopic is permitted as long as it is kept in the comment sections
  • 3. Although this is not /c/libre, FOSS related posting is tolerated, and even welcome in the case of effort posts
  • 4. We believe technology should be liberating. As such, avoid promoting proprietary and/or bourgeois technology
  • 5. Explanatory posts to correct the potential mistakes a comrade made in a post of their own are allowed, as long as they remain respectful
  • 6. No crypto (Bitcoin, NFT, etc.) speculation, unless it is purely informative and not too cringe
  • 7. Absolutely no tech bro shit. If you have a good opinion of Silicon Valley billionaires please manifest yourself so we can ban you.
Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 348 users / day
  • 857 users / week
  • 1.51K users / month
  • 2.94K users / 6 months
  • 21 local subscribers
  • 24.2K subscribers
  • 4.04K Posts
  • 38.5K Comments
  • Modlog
  • mods:
  • context [fae/faer, fae/faer]@hexbear.net
  • SexUnderSocialism [she/her]@hexbear.net
  • gaycomputeruser [she/her]@hexbear.net
  • Wakmrow [he/him]@hexbear.net
  • SwitchyandWitchy [she/her]@hexbear.net
  • BE: 0.19.15
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code
  • join-lemmy.org