OpenAI signs $38 billion compute deal with Amazon, partnering with cloud leader for first time

Comments

• filister@lemmy.world ⁨4⁩ ⁨months⁩ ago

  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.

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• skozzii@lemmy.ca ⁨4⁩ ⁨months⁩ ago

  Still waiting for the call that they want to partner with me.

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• treadful@lemmy.zip ⁨4⁩ ⁨months⁩ ago

  At that level why not just build your own?

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  • zaugofficial@lemmings.world ⁨4⁩ ⁨months⁩ ago

    Part of the grift is passing a bunch of money around at the top.

    The ‘people in charge’ don’t even want us poors to know it’s possible to host things without the cloud.

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• unexposedhazard@discuss.tchncs.de ⁨4⁩ ⁨months⁩ ago

  The chart you added is missing amazon tho. Gotta update that thang.

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  • Septimaeus@infosec.pub ⁨4⁩ ⁨months⁩ ago

    Oh that’s the one in the back.

    /j they’re about 2.5T

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• vector@no.lastname.nz ⁨4⁩ ⁨months⁩ ago

  Have they exhausted Azure?

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  • PriorityMotif@lemmy.world ⁨4⁩ ⁨months⁩ ago

    Yesterday there was an article stating that Microsoft has more hardware in inventory than they can actually power on.

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• DarkCloud@lemmy.world ⁨4⁩ ⁨months⁩ ago

  A cloud storage company shouldn’t need to “compute” anything, it should already know where the data is, or is going.

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  • gravitas_deficiency@sh.itjust.works ⁨4⁩ ⁨months⁩ ago

    Tell me you don’t understand AWS without telling me you don’t understand AWS.

    That said, this round-tripping bullshit is truly fucking absurd. The bubble-pop is going to be cataclysmic.

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  • AmbiguousProps@lemmy.today ⁨4⁩ ⁨months⁩ ago

    If you’re talking about AWS, AWS does much more than just cloud storage.

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  • breadsmasher@lemmy.world ⁨4⁩ ⁨months⁩ ago

    This has nothing to do with storage?

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• just_another_person@lemmy.world ⁨4⁩ ⁨months⁩ ago

  These MFers are in SO MUCH TROUBLE it is absolutely insane. There is no way out of this by way of revenue, and this shit should be ILLEGAL. Idiots and morons have taken over the government, and are going to collapse the stock market because OpenAI can’t fucking stop making promises.

  When we kick Trump out, these assholes should be put in jail.

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  • demonsword@lemmy.world ⁨4⁩ ⁨months⁩ ago

    There is no way out of this by way of revenue

    And this is why they’re infiltrating governments around the world. Trying to become “too big to fail”, because of the dire consequences if they go bust wouldn’t be limited to economical woes.

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  • SleeplessCityLights@programming.dev ⁨4⁩ ⁨months⁩ ago

    It’s all legal including the massive amout of corporate Socialism required to unfuck this.

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    • cabbage@piefed.social ⁨4⁩ ⁨months⁩ ago

      If these assholes get bailed out by American tax payers when this shit crashes and burns I’m gonna get real mad.

      Well, I’m pretty angry about everything happening in the US already, come to think of it. Oh well. I guess it’ll all just crash and burn.

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