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EDIT: They seem to be in a raising fund / debt stage. Great initiative


Their announcement says "We can probably get a good deal from a bank [...]", so maybe they don't just have 20M USD sitting around.


Well, this pushes me even further in the direction that they are actually good guys that need support, and that they are trying to bring a good deal on the table :)


unrelated to this specific initiative, but - I keep seeing a lot of announcements of huge VC rounds around what's effectively datacenters for GPUs. Curious about the math behind that - I feel like those things get obsolete so fast, it's almost like the whole scooter rental thing, where the unit economics doesn't add up.

Anyone have an insight?




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