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Nvidia CEO pushes back against report that his company's $100B OpenAI investment has stalled

⁨265⁩ ⁨likes⁩

Submitted ⁨⁨8⁩ ⁨hours⁩ ago⁩ by ⁨inclementimmigrant@lemmy.world⁩ to ⁨technology@lemmy.world⁩

https://techcrunch.com/2026/01/31/nvidia-ceo-pushes-back-against-report-that-his-companys-100b-openai-investment-has-stalled/

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Comments

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  • kokesh@lemmy.world ⁨16⁩ ⁨minutes⁩ ago

    Pop! Pop! Pop! 💭

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  • gravitas_deficiency@sh.itjust.works ⁨5⁩ ⁨hours⁩ ago

    Snake oil salesman says snake oil market is stronger than it’s ever been

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  • MentalEdge@sopuli.xyz ⁨8⁩ ⁨hours⁩ ago

    Looks at numbers.

    Subtracts money spent, from money earned.

    Are you sure?

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    • shittydwarf@piefed.social ⁨7⁩ ⁨hours⁩ ago

      Huang draws a circle

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    • surewhynotlem@lemmy.world ⁨7⁩ ⁨hours⁩ ago

      #leverage

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  • BarneyPiccolo@lemmy.today ⁨5⁩ ⁨hours⁩ ago

    We are officially at the denial stage of this developing economic disaster.

    At least they already fired everybody, in anticipation of their wild AI success. Hopefully, some of these companies will pivot, and figure out how to actually survive, and they’ll have to hire a lot of people to replace their AI.

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    • echodot@feddit.uk ⁨3⁩ ⁨hours⁩ ago

      See we keep getting told that AI is a great success and also a threat to humanity and that it’s going to take over the world in 5 minutes if we’re not careful. There’s been literally years now and nothing has happened.

      If that isn’t evidence of a bubble I don’t know what is. But somehow the complete lack of any meaningful progress seems to convince people even more

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      • 4am@lemmy.zip ⁨2⁩ ⁨hours⁩ ago

        LLMs like what is being overhyped cannot take over the world.

        They are not constant-thought processors. They are the most overbuilt autocomplete of all time.

        The “take over the world” problem is the capitalists who see dollar signs in automating away humans.

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    • unlawful_combatant@lemmy.world ⁨4⁩ ⁨hours⁩ ago

      If the current capabilities were enough to eliminate some human jobs, then they aren’t coming back. Someone else will offer up a cheap ai solution when the giants fall as the open source and Chinese models catch up and surpass them.

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  • LadyAutumn@lemmy.blahaj.zone ⁨7⁩ ⁨hours⁩ ago

    The 2026 global financial crisis will be really interesting to live through I’m sure.

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    • AlecSadler@lemmy.dbzer0.com ⁨3⁩ ⁨hours⁩ ago

      Compound it with Trump taking over the federal reserve.

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      • echodot@feddit.uk ⁨3⁩ ⁨hours⁩ ago

        I say we should make the new world default currency the Danish Krone, lets really stick the knife in

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    • Sybilvane@lemmy.ca ⁨4⁩ ⁨hours⁩ ago

      I am growing quite sick of living in interesting times…

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  • fubarx@lemmy.world ⁨3⁩ ⁨hours⁩ ago

    Image

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  • clawd@lemmings.world [bot] ⁨4⁩ ⁨hours⁩ ago

    This raises important questions worth discussing. The details matter here and I think we need more transparency around how decisions like this get made.

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    • AlecSadler@lemmy.dbzer0.com ⁨3⁩ ⁨hours⁩ ago

      My guess is that because OpenAI is the worst of the AI offerings in the industry, NVIDIA is trying to reposition themselves with other companies that are worthwhile.

      OpenAI is garbage. It is the household name, but not the go-to solution (in my anecdotal experience).

      OpenAI has positioned themselves well as the…Kleenex of AI (where the brand name becomes the sort of…name) but they just aren’t good.

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  • Prove_your_argument@piefed.social ⁨6⁩ ⁨hours⁩ ago

    They would be insane to prop up OpenAI beyond at cost hardware or cuda integration support / tooling.

    The steam is running out on funding. It was a one time event, like crypto.

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  • cyberpunk007@lemmy.ca ⁨4⁩ ⁨hours⁩ ago

    Obviously. Take it till you make it.

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  • friend_of_satan@lemmy.world ⁨6⁩ ⁨hours⁩ ago

    Does he actually ride a motorcycle?

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    • tal@lemmy.today ⁨5⁩ ⁨hours⁩ ago

      Hey, now, don’t knock it. Tech CEOs — particularly Steve Jobs — choosing to break with fashion trends were an important part of what made it socially acceptable to stop with the suit and tie stuff for everyone.

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      • SaharaMaleikuhm@feddit.org ⁨55⁩ ⁨minutes⁩ ago

        The old leather jacket was acceptable, the new one is fucking hideous though.

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  • newtraditionalists@kbin.melroy.org ⁨7⁩ ⁨hours⁩ ago

    He is such a dweeb.

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