Re:Nvidia CEO: We bet the farm on AI and no one knew it
by qwytw on Thursday December 21, 2023 @10:16AM
(#38721446)
> and nvidia would have only been a bit-level player in the LLM craze we are now in
Why? They were the only ones taking GPGPU seriously? AMD completely ignored it for years and Intel only became serious about GPUs very recently.
Re:Nvidia CEO: We bet the farm on AI and no one knew it
by dylan604 on Thursday December 21, 2023 @10:32AM
(#38721702)
How are you pinning the crypto craze to COVID? People were mining long before 2020, and that demand was so high putting pressure on GPU inventory that the manufacturers were artificially crippling their performance when used as miners.
Re:Nvidia CEO: We bet the farm on AI and no one knew it
by IG_Semmelweiss on Thursday December 21, 2023 @01:10PM
(#38724209)
Crypto prices really took off when speculation went thru the roof due to govt "stimmies". Look at the increase in $ nominal pricing of non-standard crypto (everything not BTC, ETH, xmr), the largest upward move recorded in history will be the period 20-22 in the aggregate
NFTs at 100K , etc.
Thats the "craze"
Before that it was still a speculative play, but hardly pervasive and available to so many.
The crypto craze waned just as LLMs were picking up. Any more delay with LLMs, and perhaps nvidia would have been overextended with no demand to take their inventory. There may in fact , be no nvidia in that future depending on the level of the bet.
Or take it 1 step further . if COVID hadnt happened, the crypto craze would never have occurred, and nvidia would have only been a bit-level player in the LLM craze we are now in.
I still remember nvidia ads in pc game magazines. That and 3dfx. Who knew?