by dmix 4 hours ago
That'd probably make more sense if there wasn't also 50 other tech companies buying up RAM for the same reason (a sudden huge spike in demand due to AI taking off).
They mean to resell them in a different form: as part of their PaaS or SaaS. Per the article, OpenAI is just hoarding the wafers, not purchasing the final product.
It's about volume, not a naive count of consumers. Article claims that OpenAI holds contracts for 40% of world DRAM production. That's just really obviously manipulation if they can't actually power those chips, come on.
So the prosecution will gamble that OpenAI won't in fact use the RAM in a relevant timeframe and they only bought them to exclude the other swath of AI companies from competing?
From the article
> OpenAI isn’t even bothering to buy finished memory modules! No, their deals are unprecedentedly only for raw wafers — uncut, unfinished, and not even allocated to a specific DRAM standard yet. It’s not even clear if they have decided yet on how or when they will finish them into RAM sticks or HBM! Right now it seems like these wafers will just be stockpiled in warehouses – like a kid who hides the toybox because they’re afraid nobody wants to play with them, and thus selfishly feels nobody but them should get the toys!
I guess we'll have to see if they in fact just keep "unfinished" RAM in warehouses like the article says and not roll them out into datacenters for a legitimate use as they are finished.