Submitted 2 weeks ago by themachinestops@lemmy.dbzer0.com to technology@lemmy.world
https://www.cnbc.com/2025/11/03/open-ai-amazon-aws-cloud-deal.html
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.
Have they exhausted Azure?
Yesterday there was an article stating that Microsoft has more hardware in inventory than they can actually power on.
The chart you added is missing amazon tho. Gotta update that thang.
Oh that’s the one in the back.
/j they’re about 2.5T
Still waiting for the call that they want to partner with me.
At that level why not just build your own?
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.
A cloud storage company shouldn’t need to “compute” anything, it should already know where the data is, or is going.
This has nothing to do with storage?
If you’re talking about AWS, AWS does much more than just cloud storage.
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.
just_another_person@lemmy.world 2 weeks 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.
SleeplessCityLights@programming.dev 2 weeks ago
It’s all legal including the massive amout of corporate Socialism required to unfuck this.
cabbage@piefed.social 2 weeks 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.
demonsword@lemmy.world 2 weeks ago
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.