Garbage regulations like IP create these behemoths. If you want freedom, stop regulating monopolies into existence.

Statism creates billionaires.

Depends on how solvent NVIDIA thinks those companies will be. Also I think creditors frequently get paid earlier in a bankruptcy process (before investors at least). Maybe they have it structured like a mechanics lien where they get 100% of the loan back on bankruptcy (I don’t know if that is actually possible), or if they just huger that in a bankruptcy they will get about 80% of the loan back, so they want to make the loan as far ahead of bankruptcy as they can so they get a bunch of payments followed by bankruptcy and then they get a chunk of money awarded by the bankruptcy court (and/or maybe return of the assets?)

Ah! I think that is the one! I bet they are structured as a secured loan, so on bankruptcy the bankrupt company can either surrender the assets (the hardware Nvidia loaded you money for), and Nvidia keeps all prior payments. OR they sign a new agreement both the company and lender agree to which is then omitted from the bankruptcy discharge (i.e. the new agreement can’t be washed away by bankruptcy, so if you still owe say $3m Nvidia can stand firm on that price, or even knock a little off, but whatever is agreed to the bankruptcy court leaves it to stand -- normally, sometimes they will decide there is some sort of bankruptcy fraud going on and you are sheltering money with something like that, normally only if family or close friends are involved though), or the company going into bankruptcy can pay Fair Market Value for the property.

Nvidia might get screwed if companies going bankrupt decide it isn’t worth salvaging the AI hardware either because they pivot to a non-AI busness, or at least a busness where they don’t need Nvidia hardware (like they rent “AI compute” from Google or something, or only needed the Nvidia hardware to refine models and they decide to just run the models they already have and not refine anything).

Nvidia also might get screwed if lots of companies decide AI is BS and the fair market value for AI hardware declines.

Nvidia is also screwed if the whole AI market implodes for a similar reason.

Still it is pretty easy to see how Nvidia is taking a risk, but could “earn” way more money this way. Plus Nvidia gets the interest payments, not a bank (then again Nvidia is taking the risk, not a bank). I don’t know if it is a good idea or not, because it hinges on something I’m awful at predicting: timing. If the house of cards comes down soon Nvidia takes a big bath. If the house of cards stays up for a while Nvidia breaks even, if it stays up long enough Nvidia makes the even bigger bucks.

Actually it is debatable. Anthropic is not making money, they are burning through VC cash. OpenAI is not making money, they are burning through OPM (“Other People’s Money”) as well. NVIDIA _is_ making money selling the AI hardware to the various companies pouring money into finding an AI model+business model that lets them make money. SpaceX’s xAI isn’t usefully broken out into it’s own P&L, but if you want to bet there IK’ll bet they are losing money at the moment as well, if you take the bet and lose you owe me one fancy Starbucks coffee and pastry, if I lose I’ll buy you 5 shares of SpaceX (that is around $1000 vs your $10). Did I forget anyone? Palentier? Also OPM (VC at the moment).

I doubt Apple or Google are making money on AI either, although it is more debatable because they have a bunch of products they can bolster sales with it (people buying a new iPhone because they want something they saw “Apple intelligence” will bring, totally forgetting that Apple hasn’t delivered on their AI promises from 2 years ago yet!), or Google may sell more smart speakers “powered by Gemini” then they sold of their prior assistant powered speakers, or get more Google searches because of Gemini answers. Although I expect the searches will merely manage to better hold onto market share by offering Gemini, which is important, but defending a multibillion dollar a year Business isn’t at all the same a “making money with AI”. Google has definitly said they are cutting headcount by using AI, but I’m not sure if they actually have a productivity increase or merely an increase in code per unit time even if the volume says nothing (or is of lower quality so it produced more bugs per unit code, and more critical outages per unit codebut more volume of code fixes!)

I’m not saying that NVidia are the only ones that can ever make money at this, or that only the hardware makers will ever make money, but that is how it is right now for sure.

Every day, putting data centers in space is more appealing.

I guess you didn't read very carefully. They found a marker that appears 5 years before a diagnosis and also part of the mechanism of smoking and other things causing lung cancer AND potentially how to interrupt it. That's a good bit more than simply finding a well known correlation.

I'll gladly pay you Tuesday for a hamburger today.

Since Microsoft doesn't honor their license agreements, why should anyone else?

It's not THAT unlikely that if you have Porsche money, you can afford to get 3 phase service in your home.

I get that there was probably a panicy passenger, but given 4.5 hours to land if they turn around or 4 hours to land if they continue to their destination and nothing but water under them either way, they may have actually prolonged the situation slightly by turning back.

They were half way there. It made no sense to turn around at that point.

Maybe he thought it was off.

Not only did they panic over a poorly chosen Bluetooth device name, they turned around AT or just past the halfway point, apparently to maximize the damage and inconvenience. They could just as well have continued as normal and sorted it out at the destination.

How about perform an exploratory laparotomy just in case you implanted a bomb?

I doubt it rises to that level. The device had a name that happened to be Bomb. Yelling FIRE is a specific communication of a dangerous condition.