this post was submitted on 03 Nov 2025
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145
OpenAI signs $38 billion compute deal with Amazon, partnering with cloud leader for first time (www.cnbc.com)
submitted 1 day ago* (last edited 1 day ago) by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
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[–] filister@lemmy.world 19 points 19 hours 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.

[–] just_another_person@lemmy.world 66 points 1 day ago (1 children)

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 14 points 1 day ago (1 children)

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

[–] cabbage@piefed.social 12 points 22 hours 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.

[–] vector@no.lastname.nz 20 points 1 day ago (1 children)

Have they exhausted Azure?

[–] PriorityMotif@lemmy.world 11 points 1 day ago

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

[–] unexposedhazard@discuss.tchncs.de 11 points 1 day ago (1 children)

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

[–] Septimaeus@infosec.pub 2 points 12 hours ago

Oh that’s the one in the back.

/j they’re about 2.5T

[–] skozzii@lemmy.ca 4 points 22 hours ago

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

[–] treadful@lemmy.zip 3 points 22 hours ago (1 children)

At that level why not just build your own?

[–] zaugofficial@lemmings.world 3 points 13 hours ago* (last edited 13 hours 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, let alone how much easier and cheaper it is.