you are viewing a single comment's thread
view the rest of the comments
[+] 25 points 8 months ago (3 children)
  • [โ€“] 9 points 8 months ago* (1 child)

    Sam Altman is a money launderer. he's just holding the money so everyone else can say they don't have money

  • source
  • parent
  • hideshow 1 child comment
  • [โ€“] 1 point 8 months ago

    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.

  • source
  • parent
  • [โ€“] 6 points 8 months ago

    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.

  • source
  • parent