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The game is getting OpenAI to owe you as much money as you can. When they fail to pay back, you own OpenAI.


You are talking about the circular investments in the segment? Yes, but assume NVIDIA can get cheap access to IP and products of failing AI unicorns through contracts, this does not mean the LLM business can be operated profitably by them. Models are like fresh food, they start to rot by the training cut off date and lose value. The process of re-training a model will always be very expensive.



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