Haven’t they invested like $100 billion or so in LLM companies though? I thought they were a big player in the Enron-esque cyclical investment scam they’re all running. Will be tough for them if they can’t recoup any of that.
They’ve made several hundred billion off it though. Spending 100 billion to keep the hype train going is peanuts if it’s making you over 100 billion a year in high-margin extra revenue.
And much of that investment has been promises of future servers, etc. A lot of deals with dollar values attached to them take place with not nearly as many dollars changing hands.
Haven’t they invested like $100 billion or so in LLM companies though? I thought they were a big player in the Enron-esque cyclical investment scam they’re all running. Will be tough for them if they can’t recoup any of that.
They’ve made several hundred billion off it though. Spending 100 billion to keep the hype train going is peanuts if it’s making you over 100 billion a year in high-margin extra revenue.
And much of that investment has been promises of future servers, etc. A lot of deals with dollar values attached to them take place with not nearly as many dollars changing hands.