Tech Industry Shocked: Nvidia A100 GPUs Still Relevant in 2029, Chaos Ensues
KEY POINTS
- •CoreWeave's CFO Nitin Agrawal announced a contract in 2026 to rent Nvidia A100 GPUs through 2029, defying rapid chip obsolescence claims.
- •The deal contradicts short sellers like Jim Chanos, who expected AI chips to become worthless within 2-3 years due to continual Nvidia advances.
- •As Wall Street funnels over $500 billion into AI infrastructure, companies like Apollo and Goldman Sachs watch to see if aging GPUs hold their value.
CoreWeave, an AI cloud company led by CEO Michael Intrator and CFO Nitin Agrawal, just signed a contract to rent Nvidia’s venerable A100 GPUs—launched back in the Jurassic year of 2020—well into 2029. This blasphemes the sacred Wall Street prophecy that these AI chip relics would perish within 2-3 years, predicted by short sellers like Jim Chanos, who apparently moonlight as tech death-watchers. Despite Nvidia’s flashy new models clamoring for attention, CoreWeave insists the older GPUs still rake in dough on AI grunt work, supported by 5-year warranties courtesy of Lambda and Crusoe execs who swear by a seven-to-eight-year lifespan. Investors including Apollo and Goldman Sachs nervously watch a $500 billion AI infrastructure bonanza hinge on these vintage chips that reluctantly refuse to die. The A100’s resilience beats fashion trends, iPhone battery life, and probably your last ex’s excuses.
Share the Story
(1 of 3)Turns out those 2020 Nvidia A100 GPUs are like pubic hair at 50: still hanging around longer than doomed AI hype forecasts and Wall Street’s faith in instant hardware obsolescence.
AI chip short sellers predicted a two-year death sentence for Nvidia A100s. Instead, these GPUs have the stamina of marathon runners lugging slow WiFi.
CoreWeave rents 2020 Nvidia GPUs till 2029. That’s like banking on your flip phone to stream 8K by 2030—somehow, the miracle isn’t in the hardware, but the warranty.
Source: Businessinsider | Published: 8/12/2026 | Author: Alistair Barr
More Articles in Technology
Sydney Sweeney's $1M Flop, Trump-Approved Jeans & Bathwater Soap Fiasco
Digital Nomad Trapped in Lisbon FOMO, Ends Up BFF Ghosted
Google Announces Pixel 11: Puts Wallet on Diet, Not Your Options
Billionaire Angel Investor Bases Entire Flight Schedule Around Starlink WiFi
OpenAI Asks ChatGPT Peeps to Pay $8 to Skip Waiting Like VIP Line Pass
Video Game Writer Claims Fired for Being Human, CEO Hedges on Robots Replacing Writers
AI Writers Now Watermarked Like Bottled Spring Water, Because Why Not
