128
Google owner Alphabet to sell $80bn in stock to fund AI spending spree
(www.theguardian.com)
It begins
I hope that Micron, SK Hynix, and Samsung don't hit any hiccups with their memory chip production buildouts.
They’re funding this with shares of the company. Even though this investment will flop, they still have income as the number 1 data broker and ad company on the planet. Their investors will be unhappy to see the number go down, but it’s hard to bankrupt a company as large as Google.
This doesn't seem like a good idea.
Surely there has to be a level of expenditure where they just can't reasonably make this back, right?
Like the debt these hyperscalers are in to their investors at this moment surpasses the debt of entire countries, yet they somehow expect to make this all back and then some??
So far the money they put in the hole has come back doubled every time. It's an old scam, sooner or later if just doesn't come back at all.
I had an uncle who had his life quite on track. Good job, nice house, beautiful wife. Than he hit midlife crisis and learned about online gambling. He eventually lost everything, but it was a slow, painful, and much too public process. He died not much later. Completely alone and in the gutter.
This comment ^ is about the “AI” bubble
We can only hope that's what happens here.
I hope all 80bn of it become obsolete and won't be useful within 1 month.
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 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?
This can't crash and burn soon enough. Might be time to set fire to some datacentres
I know what I'm not buying.
This is a fucking joke.
There is so much over investment, they could just wait a few months and buy all this shit for so much once openai craters.
this post was submitted on 02 Jun 2026
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