1148
wtf is even happening
(thelemmy.club)
"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
https://www.forbes.com/sites/josipamajic/2026/03/25/openai-and-anthropic-count-revenue-differently-and-investors-are-looking-into-it/
Raising 122 billion in IOUs is not what you think it is. AI (LLMs) are here to stay, but it's a bubble just like the cloud shit was.
There is a reason both of these companies keep pushing back their IPO... gotta cook the books more to make it seem like they're what they claim to be worth.
Also on ram prices:
https://wccftech.com/ddr5-prices-in-china-face-a-complete-collapse-as-memory-markets-from-shift-from-desperate-scarcity-to-sudden-uncertainty/