Dunno, the bit about dedicating more data center capacity to customers rather than in-house use seems to suggest that Microsoft are acknowledging that AI is a bubble and they were unable to get any real value out of it but that they think the bubble has some life left yet and they can still make a buck selling compute to other suckers visionary investors.
Comment on Microsoft lost $357 billion in market cap as stock plunged most since 2020
Asetru@feddit.org 4 weeks ago
Is that the bubble beginning to pop?
gnutrino@programming.dev 4 weeks ago
TheBlackLounge@lemmy.zip 4 weeks ago
Seems like it’s down because investors think they didn’t spend enough on AI.
sorghum@sh.itjust.works 4 weeks ago
Naw, the valuation is still $3.22 trillion. The bigger tell will be the AI only companies start feeling the squeeze.