alt Hacker News“as long as it’s cash flow continues” is doing a lot of optimistic heavy lifting. The whole premise of the circular financing worry is that Nvidia sits in the middle of all the guarantees made to companies like OpenAI. If any of those companies become insolvent, Nvidia is on the hook for it.
Also Nvidia isn’t really creating money. The 500B number is third party capital that already exists (BX, Apollo, etc).
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cryptonector • today at 3:07 AM
> heavy lifting
Load bearing, heavy lifting... Your comment wasn't LLM-written, either. I think we're starting to see LLMisms infect human writing. I might try to start speaking like this and see if anyone notices. It could be a good gag.
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JumpCrisscross • yesterday at 5:13 PM
[dead]
Yea, but they would have to become insolvent in a way that makes compute lose value.
The reason Nvidia is comfortable making these deals is because if OpenAI can’t use the compute, someone else can.
Granted OpenAI going insolvent likely means a drop in the value of compute…