Tony Bark@pawb.social to Technology@lemmy.worldEnglish · 23 hours agoCrucial is shutting down — because Micron wants to sell its RAM and SSDs to AI companies insteadwww.theverge.comexternal-linkmessage-square264fedilinkarrow-up11.02Karrow-down16
arrow-up11.01Karrow-down1external-linkCrucial is shutting down — because Micron wants to sell its RAM and SSDs to AI companies insteadwww.theverge.comTony Bark@pawb.social to Technology@lemmy.worldEnglish · 23 hours agomessage-square264fedilink
minus-squareTheGrandNagus@lemmy.worldlinkfedilinkEnglisharrow-up10·8 hours agoOpenAI bought 40% of the world’s DRAM. They bought them as whole wafers (not finished chips!) from SK Hynix and Samsung. Then they put them in a warehouse All of that is confirmed, btw. The part below is my speculation: To me, that reads as if they’re using VC money to drive up RAM prices, hoping that their competitors (who are catching up) can’t buy more RAM. It’s so anticompetitive it’s unbelievable. And of course, normal buyers are the most fucked over.
minus-squarewewbull@feddit.uklinkfedilinkEnglisharrow-up3·6 hours agoSo where are the regulators right now? Oh yes, they’ve all been completely gutted by the governments.
OpenAI bought 40% of the world’s DRAM.
They bought them as whole wafers (not finished chips!) from SK Hynix and Samsung.
Then they put them in a warehouse
All of that is confirmed, btw. The part below is my speculation:
To me, that reads as if they’re using VC money to drive up RAM prices, hoping that their competitors (who are catching up) can’t buy more RAM.
It’s so anticompetitive it’s unbelievable. And of course, normal buyers are the most fucked over.
So where are the regulators right now? Oh yes, they’ve all been completely gutted by the governments.