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24 Kommentare
„Aaaaaaand it’s gone.“
Oops, all vapor
It’s almost like all the deals they promised for 1.4 trillion dollars don’t actually exist until money changes hands.
The entire stock market is trading on vibes given to them by tech ceo’s saying they will invest hundreds of billions into each other but not actually doing it to pump their stock’s higher.
And since the government is in on it too, they’re letting all this stock market manipulation happen.
*Drain the AI swamp.*
Our entire economy is just scams upon scams
Anyone look at Oracle’s stock? Larry’s down like 50% from October. They’ve basically given back all of their AI gains. Think we might be witnessing the bubble popping.
I feel like there should be violations when public traded companies announce mega deals and then go back on them. Sounds a lot like defrauding investors
And so many people bought the lie.
Looks like this year is finally the fallout of OpenAI.
Oops, all stock market manipulation!
What annoys me and most sane people is that this will likely have no impact on their AI bubble overheated stock at all…..
The economy is literally two tiered, one being the physical one and the other being the incestious stock market fuel itself since these companies had a lot of liquidity that they fed back into itself a la Ouroboros.
“Hey Farva, what’s your favorite restaurant again??”
In the report says:
„But OpenAI has clearly been hedging its bets. Beyond the Cerebras deal, the company [struck an agreement](https://openai.com/index/openai-amd-strategic-partnership/) with AMD in October for six gigawatts of GPUs and [announced plans](https://openai.com/index/openai-and-broadcom-announce-strategic-collaboration/) with Broadcom to develop a custom AI chip to wean itself off of Nvidia dependence“
OpenAI playing market mind games, hopefully this time they do what they said
*No contracts were signed here*. For fucks sake people.
This is why I’ve been playing puts on all the companies that had these “concepts of a deal” with OpenAI. The money is not fucking there there are very few actual contract signed. Been saying this for weeks.
So far so good 🤷♂️
AMD, ORCL, MSFT, NVDIA
Been saying their earnings would be a blood bath because of virtually no contracts being signed after these announcements. So those pumps they all experienced after those announcements were fake and there’s no way upcoming earnings can justify it because the money is simply not there.
Apparently they feel better about burning $100 billion in some other way.
So when can I finally go buy more RAM?
An OpenAI founder paid out a 25 million dollar gift to an orange faced ape. Please do not add your money to that. You condone their actions by using their product.
This is fine.
“The September announcement described a wildly ambitious plan: 10 gigawatts of Nvidia systems for OpenAI, requiring power output equal to roughly 10 nuclear reactors. “
Talk about honey potting a company to devalue it without reason just to steal it for pennies. 5$ says they come in an buy it when it gets devalued because of this stunt Nvidia pulled.
Instead it will be going to xAI and SpaceX once it IPOs. Needed for the data centers in space
Edit: Elon gets to pump the IPO AND fuck over OpenAI while doing it.
Bro this is tiring everyday we get conflicting news about this. What’s the final verdict? Tired of this snip snap snip snap
I find it interesting that the article implies OpenAI is focusing on speed. I get that’s the game, but accuracy and useability are the first 2 factors. You won’t win this race on speed alone
The US capital market is just a scam, not entirely sure how is that even possibile….if only there would be a regulator for protecting the investors from misconduct in the securities markets
Elon Musk playbook of promises smoke and mirrors