Nvidia GPUs are so hard to get that VCs are buying them for startups

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Nvidia GPUs are so hard to get that VCs are buying them for startups
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Nvidia GPUs are so hard to get that rich venture capitalists are buying them for the startups they invest in

Even Adobe does. They are rushing to train large foundation models on huge amounts of data and have the benefit of billions of dollars to invest in this expensive process.

Many startups can't afford that, or they just can't get hold of the chips. Even tech juggernaut Microsoft is facing a hardware crunch, going as far as to ration internal access to GPUs to save processing power for its AI-powered Bing chatbot and AI Microsoft Office tools,Nat Friedman, the former CEO of GitHub, and Daniel Gross, who has backed GitHub, Uber, and a host of other successful startups, have purchased thousands of GPUs and set up their own AI cloud service.

The catch: This is only available for startups backed by Friedman and Gross. Still, the move is being praised already.

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