I’m not sure this is money laundering (that would imply there’s a bunch of dirty money to get clean). But it is a scheme for sure.
Most of that cash is going to be spent, either directly or indirectly, on hardware from nVidia and now I bet they’re going to use a bunch of cloud services from Amazon too.
Just inflating stock prices all round because for its investment in OpenAI, nVidia probably gets to own part of OpenAI + also one of the biggest end customers for their data center GPUs has more money to either build data centers or rent from existing providers.
Yeah seriously, $Billions and $Trillions are too common in the media to have the impact they should have.
This one headline is discussing an investment of $110,000 MILLION Dollars. That’s enough to let an entire football stadium (either US version or everybody else version) of people retire tomorrow.
40 years of 100,000 people working $15 an hour would just barely make that much. Before taxes. And unpaid sick time. Of course. Sorry to be US-centric but we seem to be leading the way in this whole Road To Dystopia thing.
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Sam Altman is a money launderer. he’s just holding the money so everyone else can say they don’t have money
I’m not sure this is money laundering (that would imply there’s a bunch of dirty money to get clean). But it is a scheme for sure.
Most of that cash is going to be spent, either directly or indirectly, on hardware from nVidia and now I bet they’re going to use a bunch of cloud services from Amazon too.
Just inflating stock prices all round because for its investment in OpenAI, nVidia probably gets to own part of OpenAI + also one of the biggest end customers for their data center GPUs has more money to either build data centers or rent from existing providers.
Yeah seriously, $Billions and $Trillions are too common in the media to have the impact they should have.
This one headline is discussing an investment of $110,000 MILLION Dollars. That’s enough to let an entire football stadium (either US version or everybody else version) of people retire tomorrow.
40 years of 100,000 people working $15 an hour would just barely make that much. Before taxes. And unpaid sick time. Of course. Sorry to be US-centric but we seem to be leading the way in this whole Road To Dystopia thing.