Alphane Moon@lemmy.worldM to Hardware@lemmy.worldEnglish · 24 days agoxAI to Raise $20 Billion After Nvidia and Others Boost Roundwww.bloomberg.comexternal-linkmessage-square4fedilinkarrow-up15arrow-down10file-text
arrow-up15arrow-down1external-linkxAI to Raise $20 Billion After Nvidia and Others Boost Roundwww.bloomberg.comAlphane Moon@lemmy.worldM to Hardware@lemmy.worldEnglish · 24 days agomessage-square4fedilinkfile-text
minus-squareathairmor@lemmy.worldlinkfedilinkEnglisharrow-up4·24 days agoYep. 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?
minus-squareAlphane Moon@lemmy.worldOPMlinkfedilinkEnglisharrow-up4·23 days agoYou 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).
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).