Nvidia Is Backstopping GPU Rentals for Neoclouds(newsletter.semianalysis.com)
newsletter.semianalysis.com
Nvidia Is Backstopping GPU Rentals for Neoclouds
https://newsletter.semianalysis.com/p/nvidia-gpu-debt-backstop-unleashes
2 comments
The numbers in this are insane, but if they work out that's a huge financial moat for Nvidia, on top of their existing software and hardware moats. Building an (independent) competitor seems basically impossible if you're also having to financially backstop your customers.
ai marketing slop, running the old financial playbook of burying a simple, undecidable thesis beneath so many layers of inflated numbers and opaque jargon that you cannot understand their plan without first getting the vague impression that they know countless small things that you do not know about something very big that everyone knows. but they don't. they don't know sht.