this post was submitted on 18 Oct 2026
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[–] Instigate@aussie.zone 3 points 4 hours ago (1 children)

Haven’t they invested like $100 billion or so in LLM companies though? I thought they were a big player in the Enron-esque cyclical investment scam they’re all running. Will be tough for them if they can’t recoup any of that.

[–] boonhet@sopuli.xyz 1 points 4 hours ago

They've made several hundred billion off it though. Spending 100 billion to keep the hype train going is peanuts if it's making you over 100 billion a year in high-margin extra revenue.

And much of that investment has been promises of future servers, etc. A lot of deals with dollar values attached to them take place with not nearly as many dollars changing hands.