Short answer: Jordan Metzner says Nvidia is investing about 2 billion in xAI's round. Sam Nadler worries this circular financing could signal a speculative bubble, while Tristan Wilson says many people who bet against Elon were wrong.
Watch this answer from Episode 16 (starts at 19:37) · Episode 16 notes and transcript
From Episode 16: AI Agents Reinvent Construction, starting at 19:37.
Jordan Metzner [19:36]: Awesome. Alright, Tristan. Well, yeah, I think that was awesome, perfect fit for Built this week. Just, how using AI to build new products and services that, were probably not possible without AI. In the last segment here, we're just gonna jump into some AI news. It's been another super duper hot week. I'll first jump into this news. I don't know if you guys saw, but, xAI is raising money and NVIDIA is investing, I think, 2,000,000,000 into the round. So we've got Jensen now investing in xAI, OpenAI, CoreWeave, the money's sloshing all over the place. But, yeah, just wanted to get your guys feedback here as well as just watching the market continue to rip, as these hyperscalers continue to grow.
Sam Nadler [20:29]: Yeah. I mean, I thought, my immediate take was, interesting from the deal with NVIDIA and OpenAI, and now seeing with this kind of circular financing with NVIDIA and xAI and all these other examples coming out, within the last two weeks. I guess I'm a little concerned. Is it, true infrastructure build out that makes sense, these relationships, or is it really this speculative bubble that, could lead to some major problems for the space in the near future or a little bit farther down the line. I think one or one of these examples makes a lot of sense potentially for NVIDIA. But, is it just a huge signal for speculative action?
Jordan Metzner [21:26]: I don't know. I don't think so. I don't Jensen says, like, he got the opportunity to invest, so they're investing. I don't know. Would you I would invest. Tristan, wouldn't you invest?
Tristan Wilson [21:36]: It's hard to say, Pan. I don't know. I think xAI's got an interesting approach. I like kind of what they're doing with, like, their philosophy of truth seeking. I think that's something that's unique that they do that I like that I don't think other people do. You know? There's a long line of people that have bet against Elon that are wrong. So, yeah, I don't know. I'm I'm not a I'm not an expert on, like, AI funding and that type of stuff, but that's those are just kinda my initial thoughts on that.
