Investors Hoard thousands of GPUs by Andrew Ng

If they hoard them too long, they become quickly outdated! 😊

"Investors have been gathering AI chips to attract AI startups. 

What’s new: Venture-capital firms are stockpiling high-end graphics processing units (GPUs), according to a report by The Information. They’re using the hardware to provide processing power to their portfolio companies at reduced or no cost.

How it works: Andreessen Horowitz (A16Z), a prominent Silicon Valley venture investment firm, has amassed the largest known stock of GPUs dedicated to venture-funded startups. The firm plans to acquire more than 20,000 GPUs including top-of-the-line Nvidia H100s, which can sell for tens of thousands of dollars each — roughly enough to train a competitive large language model. ..."

OpenAI Shrinks GPT-4o, Meta Withholds Models From Europe, Investors Hoard GPUs, Synthetic Talking Heads Get Expressive