BREAKING: Circular financing reaches new heights
Things could get bad if this all falls apart
TL;DR
- Nvidia's stock slipped following a report, with a chart highlighting concerning trends.
- Financial journalist Holger Zschaepitz and investor Jim Chanos are cited as questioning Nvidia's current strategy.
- Nvidia is releasing a new version of its open-source Nemotron model.
- The new model could impact companies like OpenAI and Anthropic.
Yikes:
PerThe Information’s newsletter
The stock slipped a bit on the news [217.55 at close, though up a bit this morning in premarket], as this handy chart from FT reports.
For your convenience, I have highlighted the scariest bits.
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Has Jensen Huang begun to overplay his hand?
Some people think so, like the financial journalist Holger Zschaepitz:
Last words in this brief essay go to Jim Chanos,famous for calling the Enron collapse:
PS Some other breaking new to watch: Nvidia is releasing a new version of its truly open-source (not just open-weight)Nemotron model, which is good for end users and developers but that could also ultimately undercut places like OpenAI and Anthropic with whom it has deals.
