Steve Burke (of GN) described the absurdity pretty well, within the context of the currently uncertain Nvidia and OpenAI deal:
Nvidia offered OpenAI $100B in investment, money that it didn’t have, as long as OpenAI gave that money back to Nvidia to lease GPUs that haven’t been made, to then put in data centres that haven’t been constructed, which will be powered by electricity that hasn’t come online, to then rent to users who haven’t subscribed, to provide them features that haven’t come to fruition.
Steve Burke (of GN) described the absurdity pretty well, within the context of the currently uncertain Nvidia and OpenAI deal:
And hope you’ve propped up the economy enough by the end of it that the government has to
bail you out…sorry i meant provide a “backstop”.