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A comment on The AI industry spent 17x more on Nvidia chips than it brought in in revenue.

Re:The AI industry spent 17x more on Nvidia chips than it br... by zdw on Sunday March 31, 2024 @08:59AM (#39883857)
With nVidia being the leading investor in many AI companies ( https://news.ycombinator.com/item?id=38602930 ) , is this just an ouroboros of the same dollars making a lot of noise with little of value produced, other than inflating all the involved stock prices and valuations?
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Re:The AI industry spent 17x more on Nvidia chips than it br... by Jensson on Sunday March 31, 2024 @09:02AM (#39883884)
Likely a majority of those investments are earmarked to be spent on NVidia hardware. It is common for companies to "invest" in startups by giving the free service, is both marketing and helps lock in new customers.
[ Parent | on HN ]
Re:The AI industry spent 17x more on Nvidia chips than it br... by shafyy on Sunday March 31, 2024 @09:02AM (#39883886)
Also, Microsoft investing billions of dollars into OpenAI, many of that in form of Azure credits, with OpenAI then spending those credits and more and bringing in revenue for Microsoft.
[ Parent | on HN ]