nobody would scream circular financing because of this. it's only circular if those companies would then be investing (directly or indirectly) in nvidia.

this however does scream "manufactured demand" - if the terms of your financing dictates that the money is used to purchase your own product.

Sure but if Nvidia is funding these startups, isn’t it really still circular financing??

Nvidia at this point is the new central bank of the tech world

Especially as long as demand is as high as it is.

I paid real money for the 4090. Real $2000

It's not circular financing, although Nvidia give startups investment money so they can give it back to Nvidia for hardware?

I mean, it's not quite as blatant as Amazon investing AWS credits, but a significant portion of it is going to be returned to Nvidia as hardware purchases, so it's not not-circular...

Then it is then.

AI boosters always deny reality.

Isnt that... what circular financing often refers to?

If I invest in you and you use my stack and pay me for it. It's circular. I don't think it should be illegal to do this type of vendor financing/investment or what not as it has its legitimate uses.

But it is circular.