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einszwei | 3 months ago

> Poolside partnered with CoreWeave to build one of the largest data centres

Nvidia has a backstop deal with Coreweave [1]. I am sure this is all above board but seeing how these giants all have incestuous relationship with each other makes me uneasy about putting money in the markets.

[1]:https://www.reuters.com/business/coreweave-nvidia-sign-63-bi...

discuss

throw-qqqqq|3 months ago

> seeing how these giants all have incestuous relationship with each other makes me uneasy about putting money in the markets

If you invest in index funds (instead of picking single stocks), you shouldn’t be too worries IMO.

E.g. something tracking MSCI World/All-World or just the S&P500 (US-only though).

You won’t get 100x homeruns (more like 10-15% avg returns/year), but you will drastically lower your risk of losing your money.

DebtDeflation|3 months ago

Yeah, the first article I linked says Poolside plans to spend much of the $1B investment from Nvidia on GB300's. It's all just one circular flow at this point with Nvidia giving everyone cash that they agree to use to buy GPUs from them.