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[–] 4 points 2 days ago (1 child)

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.

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  • [–] 5 points 2 days 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.

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