Chipwrecked

3 hours ago 4

The AI information halfway build-out, arsenic it presently stands, is babelike connected 2 things: Nvidia chips and borrowed money. Perhaps it was inevitable that radical would statesman utilizing Nvidia chips to get money. As the craze has gone on, I person begun to interest astir the weaknesses of the AI information halfway boom; looking deeper into the fiscal portion of this world, I person not been reassured.

Nvidia has plowed plentifulness of wealth into the AI space, with much than 70 investments successful AI companies conscionable this year, according to PitchBook data. Among the billions it's splashed out, there's 1 important category: neoclouds, as exemplified by CoreWeave, the publically tr …

Read the afloat communicative astatine The Verge.

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