The OpenAI IOUs are all covered by NVidia’s "will invest"s. NVidia doesn’t have extra to spend around.
What doesn’t make anything any better, of course. And it’s OpenAI on that line irl anyway. And they did in fact buy it with lots of “will invest” papers from other companies.
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NVIDIA: “Can I pay with OpenAI IOU’s?”
The OpenAI IOUs are all covered by NVidia’s "will invest"s. NVidia doesn’t have extra to spend around.
What doesn’t make anything any better, of course. And it’s OpenAI on that line irl anyway. And they did in fact buy it with lots of “will invest” papers from other companies.
Hope as strategy. There paying with a bet. They are too big too fail.