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SparklyCircuit | 16 days ago
With the past investments of Nvidia into openai, the business model held up. Lately, AMD has caught up enough in AI efficiency that openai decided to built an entire stack of servers in AMD. openai's boyfriend i.e Nvidia did not like that and with Nvidia unable to guarantee return of investments via sales of it's cards to openai, Jensen Huang i.e. CEO of Nvidia is backing off from investing 100B$ simultaneously tanking a -6% of stock in a week.
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