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NVIDIA Allegedly Engineered Scarcity By Funding AI Startups To Buy Its GPUs
(www.techpowerup.com)
this post was submitted on 14 Nov 2026
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Um.. wasn't this well known? They'd buy up struggling companies, then secure a purchase agreement for GPUs through those companies in order to inflate their sales figures. They did this. A lot.
It hits different when the claim is coming from inside. Most of us could see the circular investment scheme, now they're blaming each other internally for it.
The whole system is predicated on moving money. Capitalism at its finest. Glad some whistleblowers are seeing the light. Hope it results in some restoration of sanity. As usual, the suckers and the rest of us will end up footing the bill.
I didn't know they allegedly had more GPUs than they knew what to do with, which is what the report says. Up until now, the public knowledge has been that the AI bubble has been used to justify sketchy deals like circular financing in an attempt to chase the unlimited profits promised by the discovery of AGI. As though they had no trouble selling them, but wanted to sell them in a way that also cut them in on future AI advancements.
Now imagine the ai companies spending billions on compute that, so far, none of their clients know how to turn into cost savings. Questionable results, large volume, no appreciable business benefit.