• Davel23@fedia.io
        16·
        1 个月前

        Yeah, but how much of that is the money that nVidia “invested” in other companies so they can buy nVidia hardware?

        • brucethemoose@lemmy.world
          1·
          1 个月前

          But even if those companies disappear overnight, and LLMs are blanket banned worldwide, aren’t they (pun intended) still in the green?

          Their stock may drop, and they lose those investments, but at the end of the day they sold hardware and made a shit ton of cash, more than what they loaned out. And they end up where they were before the AI Bro Bubble.

          • Tar_Alcaran@sh.itjust.works
            3·
            1 个月前

            But even if those companies disappear overnight, and LLMs are blanket banned worldwide, aren’t they (pun intended) still in the green?

            No, because they don’t actually have a giant bag of money.

            They invest in companies who buy their product. But that product hasn’t actually been made yet. Nvidia is writing it down as sale because the contract was signed, but no exchange was made.

            So it’s like me giving you 10 bucks to buy 10 bucks off product from me in two years in return for a few percent of your profit.

            However, if you go bankrupt between now and actually buying my product, I will be down 10 bucks and my share of the profit.

    • Tar_Alcaran@sh.itjust.works
      7·
      1 个月前

      Unlike Alphabet and Microsoft, Meta can’t cram AI into a profitable product and pretend the profit is because of AI. They’re also the only one not selling compute to other parties. It’s very likely Meta is the most realistic one in the list for actual profit from selling AI.

  • TwiddleTwaddle@lemmy.blahaj.zone
    17·
    1 个月前

    I’ve talked to some folks around the Cedar Rapids area where there’s a Google data center being built. Apparently they’re pulling in electricians from out of state and paying them 1/4 million dollar salaries +350$/day per diem for this two year project.

    I’d bet the majority of that cash is going to the local strippers

    Edit: and they deserve every penny 🙏