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Fascinating to see Nvidia pump another client (AMD did this too).
The use of stock and GPUs as financial instruments really reminds me of 2005/2006 with US real estate.
Yep. There’s gotta be some “creative accounting” going on. You can’t just give away GPUs. The books have to show them being paid for in some way. What are they doing? Claiming an absurd valuation for their share of Grok?
You don’t have to be a financial analyst to see that it is very likely that are engaging in fraud (in the real sense, not in the US judicial sense).
Didn’t need another reason not to support nvidia but here we are anyway
