4 points | by doener 11 hours ago
1 comments
"Cirrcular financing" is common in the AI arena.
Nvidia "invests" in companies up and down the AI Infrastructure chain because it leads to sales of more Nvidia GPUs.
In effect, Nvidia is buying a portion of it's own product.
You don't have to be a financial genius to grasp the fact that this can't continue indefinitely --- just like any ponzi scheme.
"Cirrcular financing" is common in the AI arena.
Nvidia "invests" in companies up and down the AI Infrastructure chain because it leads to sales of more Nvidia GPUs.
In effect, Nvidia is buying a portion of it's own product.
You don't have to be a financial genius to grasp the fact that this can't continue indefinitely --- just like any ponzi scheme.