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Google owner Alphabet to sell $80bn in stock to fund AI spending spree
(www.theguardian.com)
This is a most excellent place for technology news and articles.
It cost about US$36B to run fibre optic cable to almost every house in Australia.
WTF kind of AI project costs twice that?! They'll have to claw back around $250 per US citizen to break even.
Have you seen DRAM prices? That's like 5 sticks.
The datacenters are absolutely paying less than that. If not directly, then through kickbacks from the supplier. The inflated price only applies to us.
The datacenters are paying less than $16 Billion per stick of DRAM? You sure?