How Index Ventures jumped to the front of the AI GPU line

Earlier this week, the New York Times shone a light on some of the desperation that founders are experiencing as they try and fail to secure compute power for their nascent artificial intelligence startups, thanks to the big companies (and even rich nations) racing to snatch them up. One founder reportedly said of the graphics processing units, or GPUs, that he needs for his company: “I think about [them] as a rare earth metal at this point.”
According to that Times piece, founders are trying numerous measures to amass the chips, including calling in favors from friends at large equipmen

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