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The AI boom’s surprise: older GPUs aren’t losing value the way many expected, and rental prices for some are actually going up.
@carmenli tells @dee_bosa how GPU futures let companies lock in the cost of computing power, much like locking in an electricity rate.
“Whoever wins with AI is going to win,” Trump said in July, with Jensen Huang and Howard Lutnick standing behind him.
Now Huang is out of Nvidia, and Lutnick is facing questions from Congress.
Why is Anthropic going public now?
CEO Dario Amodei told JPMorgan Chase CEO Jamie Dimon it comes down to having enough cash on hand to keep investing in computing power, with market timing a lesser concern.