themachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · edit-21 day agoOpenAI signs $38 billion compute deal with Amazon, partnering with cloud leader for first timewww.cnbc.comexternal-linkmessage-square15fedilinkarrow-up1147arrow-down16file-text
arrow-up1141arrow-down1external-linkOpenAI signs $38 billion compute deal with Amazon, partnering with cloud leader for first timewww.cnbc.comthemachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · edit-21 day agomessage-square15fedilinkfile-text
minus-squarefilister@lemmy.worldlinkfedilinkEnglisharrow-up17·16 hours agoThis at the moment is a clear Ponzi scheme. OpenAI or Nvidia announces some partnership or a deal for X amount of billions. As a result the valuation of the recipient company goes straight to the sky, increasing the market valuation of said company X-times more. And then try to tell me this isn’t a bubble.
This at the moment is a clear Ponzi scheme.
OpenAI or Nvidia announces some partnership or a deal for X amount of billions. As a result the valuation of the recipient company goes straight to the sky, increasing the market valuation of said company X-times more.
And then try to tell me this isn’t a bubble.