This is a most excellent place for technology news and articles.
We really need to tax energy used by GPU-burning projects differently. AI training, blockchain, whatever. Such a wasteful endeavour.
Fun fact they pay lower rate than households because fuxk you peasants ;)
All industrial users pay lower, because they're able to apply economies of scale and locate themselves in places with lower power costs. Some of them are big enough that the utilities will build power lines and plants specifically to make electricity cheaper. It's not just a matter of "oh, they're rich, so we'll charge them less."
I do understand the basics of how this works but big and/or business is directly subsidized by taxpayer and rate payer at every corner. It is getting tiring seeing this clown show when large swathes of population living hand to mouth, month in, month out.
You would think this would make people realize where the money is going ;)
No significant blockchains use GPUs any more. As for AI training, that produces AIs. It's not wasteful.
(from Perplexity AI)
you should try to ask the same question using xAI / Grok if possible. May also ask ChatGPT about Altman as well
Wow that's almost 6% of what Microsoft is buying this year for that same purpose.
It will produce bigoted falsehoods so damn fast!
Did he just invent self-hosting?
Tech-bro's finest minds.
How dare you! It's not self-hosting. It clearly says "GIGAFACTORY OF COMPUTE"
Him and everyone else. The only problem is that NVIDIA can only build them so fast, and there's only so much high power datacenter space.
You know, The Infinite Monkey Theorem states that if you chain a room full of monkeys to typewriters and let them all beat the keys at random, for an infinite amount of time, they will . . . eventually . . . through sheer random chance . . . produce the comple works of William Shakespeare. Maybe in 10 trillion years or so. THIS is current state of "AI."
What Musk is proposing is like building an army of very expensive, very wasteful fusion-powered robots to beat the monkeys in the hope that the monkeys will work just a little bit faster.
With what money? SpaceX is the only company with any kind of steady revenue to its name and that's only because the US government subsidised it
I'm guessing from new investors. That still believe Enron Musk groks it.
In a presentation for investors, Elon Musk revealed that the new supercomputer will use as many as 100,000 Nvidia's H100 GPUs
Can he stay out of jail by then?
Why would he go to jail? I must be out of the loop?
Fraud.
Yes, you are out of the loop.
Makes very little sense to downvote this, there are several points where Musk could go to jail. Both regarding fraud towards investors and also customers.
Probably the most obvious case is that Musk claimed in 2019 it would be possible to earn money on owning a Tesla, because it would be able to be used as a robo taxi by 2020.
But Full self driving required for Robo Taxi is still nowhere near ready.
He also claimed that Tesla would NOT depreciate like other cars, because they are the most future proof cars you can buy.
But Tesla cars have since depreciated faster than almost any other car, in part because of Tesla price reductions, and in part because the promises came to nothing.
There could also be situations considering Hyperloop, where he promised faster and cheaper public transport, and that it was actually easy to make. But the projects he has accepted all came to nothing.
There may be cases on his promises every year since 2016 that Tesla cars would be capable of FSD next year.
He has also made wildly exaggerated promises about SpaceX, that may constitute fraud towards investors. Starting a Mars base 2022, and manned missions 2024, I don't recall any SpaceX Mars missions.
People have invested their pensions on these false claims, and at some point, I have no doubt they will result in lawsuits, at least some of them.
Wait what? $4 billions worth of h100 🙃 such a funny guy...
H100 isn’t $40, it’s $40,000. You’re making the Bloomberg Mistake: it costs $4,000,000,000 - four billion.
I can’t wait to see what clownshoes nonsense way he absolutely fucks this one up, but that’ll take a lot of liquidity he probably doesn’t have access to unless he gets the $45bn Tesla payout.
xAI just finished up a funding round worth $6bn, he doesn't need to use his own money. It's the usual bunch of VC funds: Fidelity Sequoia, Kingdom Holdings (that's a Saudi fund).
Ah, some interesting technology news. Let's read about what new developments are being made-
Oh, wait, Elon Musk is involved. I hate technology! Emerald mines and cave rescue submarines!
It's more like "idiot billionaire builds bigger shiny gadget for a non specific purpose"
Like what's the problem being solved here?
yeah because if musk wasn't involved, lemmy's community always loves news on the latest ai hype cycle
