Comment on Microsoft lost $357 billion in market cap as stock plunged most since 2020
gnutrino@programming.dev 2 weeks agoDunno, 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.