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Four co's are hoarding billions worth of Nvidia GPU chips. Meta has 350K of them


Each Nvidia H100 can cost up to $40,000, and one big tech company has 350,000 of them....

The Verge reports that this week, an unredacted complaint was filed in the case, revealing a quote from an Adobe executive that the FTC claims supports the charge that the company knew the cancellation fees were generating large revenues. Gig companies like Uber, Lyft and DoorDash can keep classifying their drivers and delivery workers as independent contractors instead of employees in California, after the state’s Supreme Court voted to uphold a law known as Proposition 22 on Thursday. AI companies are feverishly searching for troves of human generated text and images ( breaking rules and possibly laws along the way), and the well is running dry, having scraped and ingested a significant portion of our output as a species.

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