Google will pay SpaceX $920 million per month for access to ~110,000 NVIDIA GPUs under a new multiyear deal.
  • pHr34kY@lemmy.worldEnglish
    23·
    1 day ago

    The money just goes around in circles, and Elon is in the loop.

    The problem is that these tech companies are being valued by this circular cashflow, while very little new value is being added overall (if any).