Post · bonfire.mavnn.eu

Post

mhoye

@mhoye@mastodon.social · 7 hours ago

The Gamers Nexus people now have a Consumer Advocacy channel and it’s amazing?

https://m.youtube.com/watch?v=FnlgwyVahCY

AI Deregulation & Corruption: Companies Now Have Too Many GPUs

YouTube

mhoye

@mhoye@mastodon.social replied · 6 hours ago

Finding out Microsoft has bought an acre of nvidia cards they _can’t rack or power up_ is just… your hoarding has quadrupled the price of RAM and you can’t even rack what you already have?!? And won’t be able to for years?

(Edit: 19:20 in the above video)

tom jennings

@tomjennings@tldr.nettime.org replied · 1 hour ago

@mhoye

There's a non-zero chance they'll end the o in a landfill, still in their packaging.

Chris Siebenmann

@cks@mastodon.social replied · 6 hours ago

@mhoye Potentially interesting reading on this is Edward Zitron's newsletter, where he mentions that it seems difficult or impossible to find any data centers with enough power to account for anything more than a fraction of the six million Blackwell GPUs NVidia has shipped: https://www.wheresyoured.at/nvidia-isnt-enron-so-what-is-it/#is-nvidia-shipping-millions-of-gpus-and-putting-them-in-warehouses-where-are-the-6-million-shipped-blackwell-gpus

Ed Zitron's Where's Your Ed At

NVIDIA Isn't Enron - So What Is It?

If you enjoy this free newsletter, why not subscribe to Where's Your Ed At Premium? It's $7 a month or $70 a year, and helps support me putting out these giant free newsletters! At the end of November, NVIDIA put out an internal memo (that was leaked to Barron's reporter

RootWyrm 🇺🇦:progress:

@rootwyrm@weird.autos replied · 6 hours ago

@mhoye you mean won't be able to, *EVER*. Seeing as every penny of funding for these data center builds has just completely evaporated.
Blue Owl just yanked over $10B from Oracle that was going to build data centers for Sham Altman.
They swear they have totally legitimate replacement funding. It's just from Canada, you've never met them.

RootWyrm 🇺🇦:progress:

@rootwyrm@weird.autos replied · 6 hours ago

@mhoye everybody is pulling out of these data center projects as fast as they can. Some of them are just walking away despite signed contracts.
Construction has completely halted at basically all of them. Opposition is getting much more stringent, vocal, and threatening. The debt the companies are issuing claims AAA, and yet junk has far more takers. And insurers are just "fuck no we won't touch this shit."