Nvidia invests $100bn in OpenAI, who buy $100bn of Nvidia chips, who invest the $100bn revenue in OpenAI, who buy $100bn in Nvidia chips, and round it goes. That's an easy $600bn increase in tech industry revenue right there.
Nvidia invests $100bn in OpenAI, who buy $100bn of Nvidia chips, who invest the $100bn revenue in OpenAI, who buy $100bn in Nvidia chips, and round it goes. That's an easy $600bn increase in tech industry revenue right there.
Smells like "Banco Master" (Brazil) scandal.
Mass layoffs and the wellness camp industry will easily account for $600+ billion a year in contracts, for at least a few years.
https://www.teenvogue.com/story/rfk-wellness-farms-us-disabi...
https://news.ycombinator.com/item?id=37395566
Someone in management read and misunderstood "The Velocity of Money" (https://en.wikipedia.org/wiki/Velocity_of_money)?
Or understood way too well. I promise it isn't Altman that will be left destroyed or jobless if this crashes.
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investment is not revenue tho... this is equivalent to nvidia buying its own chips...
Either Nvidia eventually runs out of chips for OpenAI to buy or OpenAI runs out of equity Nvidia can buy.