themachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 4 days agoOpenAI signs $38 billion compute deal with Amazon, partnering with cloud leader for first timewww.cnbc.comexternal-linkmessage-square16linkfedilinkarrow-up1154arrow-down15file-text
arrow-up1149arrow-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 · 4 days agomessage-square16linkfedilinkfile-text
minus-squarefilister@lemmy.worldlinkfedilinkEnglisharrow-up22·3 days 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.