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And their local AI push (Nemotron, DGI Spark, RTX Spark, Huggingface, …) is all done to diversify before the crash.
Local AI is constantly getting better, both on server-grade hardware and on hardware regular users can actually own.
In fact, for Nvidia it’s better to have a solid standing with consumer-grade local AI. If Anthropic, Google and OpenAI manage to DIY their own AI chips, then Nvidia will lose a large portion of their revenue within a day.