Elizabeth Warren Slams Nvidia: 'Allowing A Single Company To Be The Gatekeeper For The AI Future Is Dangerous'
A Wall Street Journal investigation published Monday details how Nvidia has become the AI industry’s most powerful financier, investing tens of billions in the same startups and cloud providers that buy its GPUs.How The Flywheel WorksNvidia invested roughly $800 million in open-source AI startup Reflection, anchoring a $2 billion funding round. Most of that cash flows right back to Nvidia through GPU purchases. One large Reflection investor called the company “a business arm” of Nvidia. At a recruiting even ...