Nvidia Starts Pac as AI Chip Maker Builds DC Influence Force

downrightmike

break them up

josefritzishere

No amount of campaign donations will save them when the market crashes. They're going to find themselves short on friends.

wishgreen

Wait, I think I've seen this one before...

bigcat12345678

I treat this as a sign of the inevitable terminal phase of any private cooperation in US: they start to invest their resources to stretch into areas that are irrelevant to their core mission, but they have to, because their core mission is accomplished already, and their business, which is built on top of the fruits of their core mission, needs protection beyond direct means relevant to their core mission. When pursing a core mission, many corps fail, either because lack of resources, or mission itself is not meaningful, execution failure, etc.; the fortunate few, might be in growth, while their mission keeps self-reinforce into bigger and bigger scope, that's the wonderful time of growth driven by meaningful mission. When the core mission is done. The corp resets. Vast majority of them make profit that is small enough that the normal corporate logic prevail, and they behave normally, primarily to survive. Extremely rarely, when the core mission is so meaningful, the corp reaps so large a profit, and so many stakeholders are attracted, that they no longer focus on core mission, they start to focus on profit. That's why NVDA is now buying assets across the whole stack of AI, while still increase price to maintain its profit. NVDA wants to maximize profit. The inherent flaw is that private corp in US system, has no meaningful end game when they are in this state of astronomical profit.

nothrowaways

Gotta protect the windfall LoL

lapkaaaa

we live in cyberpunk without all of the cool stuff

spicyusername

Is the problem here NVIDIA or is the problem that our government doesn't function unless there's a pac funneling money into decision-making? Hardly surprising to see a company with strategic interests strategically try to achieve them. A business exists to make money, and if pulling policy levers is required to make money, you'll see them try to pull the levers. Reverse Citizens United and you solve these kind of problems at the source.

12ahsgf

Nvidia is the next Juniper. They and the flaggers from their perception management agency only function until the AI fraud collapses in 2027.

cs702

"There are two things that are important in politics. The first is money and I can't remember what the second one is." - Mark Hanna Mark Hanna was a political consultant in the late 1800's, in the US. Source: https://quote.org/quote/there-are-two-things-that-are-import...

formvoltron

Hopefully Huang will ask for tariffs on solar panels & batteries to be lifted. After several years of tariffs, there is no American solar panel industry anywhere near as good as China's. Open the floodgates & reap clean, silent energy at 5-6 cents per kWh. There's plenty of land for those panels.

bix6

I am so tired of hearing about NVIDA.

gigel82

"As a rule, regulation is acquired by the industry and is designed and operated for its primary benefit." - George Stigler

manyatoms

How did they not already have one before? Surely every big company does this?