[Neywiny]

Yes this is all anticipated. They're starting to move the money around in circles to keep the bubble inflated. Think of it this way: 10% of AMD value was spent, 23% was gained. In a bit we'll hear of AMD, directly or otherwise, investing back into OpenAI. This is what happened with nvidia through Oracle. Where does the money come from? Whoever buys stocks. Our retirements, mostly.

[andy_ppp]

This kind of behaviour should be completely illegal, it’s obvious what these people are doing and it might kickstart the biggest depression in history. It’s basically a ponzi scheme.

Next probably ARM and Apple (separately) will do some kind of AI hardware announcement I’m guessing.

[quantumcotton]

Most of this isn't stocks lol. When somebody says they're investing 100 million in Nvidia. That's them saying I'm buying 100 million in services. Such as using the cloud compute or server. Etc.

They don't just buy a stock and say hey. We invest in you. Lol why is it illegal. If you need to buy video cards right now for your business and you're doing machine learning. If you could go to one person with an unlimited budget, who do you go to, nvidia... Why? Is that because of insider training or is that because of logic? So if Nvidia says. Open AI. We really could use a lot of your API. We are spending an absolute fortune. You need our gpus. How about we make something work? Now negotiating begins.

[andy_ppp]

I’m saying these purchases are designed to increase the hype cycle and are not based on new investments but mutual round robin investments where Open AI buy graphic cards and AMD stock with pretend future valuations of the company based on a new valuation driven by the announcement of deals like this. It begins to seem completely unreal if you think about it long enough, everyone has gone completely mad in my opinion.