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.
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.