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Nvidia Allegedly Engineered Scarcity by Funding AI Startups to Buy Its GPUs

A recent report in The Wall Street Journal alleges that Nvidia CEO Jensen Huang allegedly orchestrated a scarcity of graphics processing units (GPUs) by funding AI startups to purchase Nvidia's GPUs. The report cited an August meeting between Huang and his senior finance team, where Huang allegedly discussed his business tactics as "provocative, monopolistic, and anti-consumer."

However, the report acknowledged that some other companies had also engaged in similar practices, but were not held to the same scrutiny. The allegations have sparked discussion on online forums, with some arguing that Nvidia's actions were unprecedented and others defending Huang's business approach.

Written by urgent.news from Hacker News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at techpowerup.com →

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