I don't get how Lambda makes money with those prices. 2$ per hour seems too cheap for a >30k$ GPU
A large H100 cluster (>10k GPUs) could likely train a LLM with 10x compute (FP8) of GPT-4, which was apparently trained on a mix of A100s and V100s.
Still trading at 6% discount, on top of which you can lever up to 5x on-chain (so no counterparty risk). Seems excessive considering what we know.
USDC is not an investment, it's a tokenized market money fund which you can redeem for 1$. Circle, they company issuing it, said that they will honoring redempetions 1:1 from tomorrow (weekend they can't because of bank…
Apparently the size of Tether seems huge, 34 B$ of dollar-denominate liabilities, but Binance, the largest exchange, has most fiat customer deposits in USDT. Moreover, in the last year futures trading has moved from…
I don't get how Lambda makes money with those prices. 2$ per hour seems too cheap for a >30k$ GPU
A large H100 cluster (>10k GPUs) could likely train a LLM with 10x compute (FP8) of GPT-4, which was apparently trained on a mix of A100s and V100s.
Still trading at 6% discount, on top of which you can lever up to 5x on-chain (so no counterparty risk). Seems excessive considering what we know.
USDC is not an investment, it's a tokenized market money fund which you can redeem for 1$. Circle, they company issuing it, said that they will honoring redempetions 1:1 from tomorrow (weekend they can't because of bank…
Apparently the size of Tether seems huge, 34 B$ of dollar-denominate liabilities, but Binance, the largest exchange, has most fiat customer deposits in USDT. Moreover, in the last year futures trading has moved from…