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The air begins to leak out of the overinflated AI bubble
(www.latimes.com)
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this post was submitted on 06 Sep 2024
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It's not trivial though. They also managed to lock dev with CUDA.
That being said I don't think they were "just" lucky, I think they built their luck through practices the DoJ is currently investigating for potential abuse of monopoly.
Yeah CUDA, made a lot of this possible.
Once crypto mining was too hard nvidia needed a market beyond image modeling and college machine learning experiments.