alt Hacker NewsNvidia invested $500M in Firmus a few months ago. It is interesting to note how Nvidia is investing in every start up that deals with AI, data centers, etc in order to keep the train going.
Nvidia invested $500M in Firmus a few months ago. It is interesting to note how Nvidia is investing in every start up that deals with AI, data centers, etc in order to keep the train going.
They're looking at a likely $300+ billion in operating income over the next four quarters. $500m simply no longer matters. They'd be crazy not to spread that spigot of cash around. Their goal has to be to accelerate and spread the use of their GPUs for AI as far and wide as possible, build that up as much as possible before the music slows or stops. There isn't anything else to do with that much cash other than attempt to buy up the industry (they won't be allowed) or dump it back to shareholders (they don't want to).