On: OpenAI, Nvidia fuel $1T AI market with web of circular deals

[tshaddox]

Does he explain why the valuation of the company would go up by $78 billion on the public news that AMD agreed to give $78 billion of goods to OpenAI for free?

[wmf → tshaddox]

It validates that MI450 works. Jensen was saying other GPUs are so bad that companies wouldn't even take them for free and then OpenAI said no, we actually will take AMD GPUs for free. They're not that bad.

[tshaddox → wmf]

I’m not sure that agreeing to receive a product for free indicates much about the effectiveness of the product.

[thiago_fm → wmf]

It's very bad

[tim333 → tshaddox]

It's not really for free. OpenAI buys goods for $78 bn and maybe gets that back in stock options or maybe not depending on how the stock does.

As to the stock going up - we have a bit of a stock bubble thing going on.