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Accenture Just Capped Employees’ Claude Spending at $29 a Month. Some Were Spending $1,000 (finance.yahoo.com)
submitted 3 days ago by to c/technology@lemmy.world
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[–] 17 points 3 days ago (2 children)

Nvidia is the one selling the shovels during the gold rush. They're not at risk of going bust.

It's all the LLm companies leveraging themselves to the eye balls to buy Nvidia chips for their datacenters that are at risk.

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  • [–] 4 points 2 days ago (1 child)

    Haven’t they invested like $100 billion or so in LLM companies though? I thought they were a big player in the Enron-esque cyclical investment scam they’re all running. Will be tough for them if they can’t recoup any of that.

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  • [–] 5 points 2 days ago

    They've made several hundred billion off it though. Spending 100 billion to keep the hype train going is peanuts if it's making you over 100 billion a year in high-margin extra revenue.

    And much of that investment has been promises of future servers, etc. A lot of deals with dollar values attached to them take place with not nearly as many dollars changing hands.

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