NVIDIA Allegedly Engineered Scarcity By Funding AI Startups To Buy Its GPUstechpowerup.com/354814/nvidia-Following the departure of now-former NVIDIA CEO, Jensen Huang, a new report has emerged alleging that NVIDIA artificially inflated the ongoing GPU and memory shortage by investing in AI startups that would go on to buy NVIDIA GPUs and build data centers. The reason behind this was to maintain the perception of ongoing high demand and to move an oversupply of semiconductors from TSMC.

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@nixCraft former former?

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  • @nixCraft “I mean, didn’t we already know that?”

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  • [–] 1 point 1 day ago

    @nixCraft totally surprising

    Episode 2 Whatever GIF

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  • @nixCraft Yep we knew this. There was no shortage. It was all to make even more profit.

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  • [–] 1 point 1 day ago

    @nixCraft How is this ‘allegedly’? The money pumping between the big players is general knowledge, it’s not odd that they also propped up demand in other places

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  • [–] 1 point 1 day ago

    @nixCraft 🤦🏼‍♀️

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  • @nixCraft This is some monopoly racketeering shit right here.I heard that AMD cards are also pretty good at AI stuff. Same with Intel (even integrated graphics to a certain point)...Pretty much anything that supports Vulkan can be used with AI stuff, since Vulkan shaders can be used in GPGPU loads. I've seen open-source LLM software like Ollama use Vulkan.There is even some more dedicated AI hardware chips popping up on the market now. Why does it always have to be NVIDIA's damn GPUs?

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  • [–] 1 point 1 day ago

    @nixCraft no shit sherlock, Nvdia is or was running a ponzi scheme.

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  • @nixCraft scarcity increases prices

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  • [–] 1 point 1 day ago

    @nixCraft I am shocked, shocked! Well, not that shocked.

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  • [–] 1 point 1 day ago

    @nixCraft The circular economy, aka Ouroboros economy..😅 🤦

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  • [–] 1 point 1 day ago

    @nixCraft Invest in AI they said. You’ll make a lot of money they said…. Is anyone actually showing profits or on a path to profit that’s selling AI services. I haven’t seen it and it’s mega expensive.

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  • [–] 1 point 1 day ago

    @nixCraft click on the link to check you viral agewise-life-lens.lovable.app/ and click to check viral content reelsave-guide.hatchable.site

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  • [–] 1 point 1 day ago

    @nixCraft Is this really a surprise to anyone?

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