I'm beginning to wonder if these investors are not just pumping AI because they are personally invested in Nvidia and this is a nice way to directly inject a couple of 100M into their cashflow.

$1B isn’t competitive, which is why this is a joke.

Maybe they can get some 3nm stuff when Meta is done with them.

Would be nice to be the sales rep assigned to that rando no name company ;)

Most likely it's some junior rep assigned to Sutskever's company after Ilya filled up an online "Contact Us for Pricing" form on the Nvidia website. /s

indeed, more speculative monies chasing returns.

such a large round implies hardware for yet another foundational model. perhaps with better steering etc..