111–120 of 194 posts
Oracle has no IP in this deal. All they are doing is unpacking Nvidia servers, plugging it in, and keeping them cool. They get 15% markup for this.
https://d9j0pm70mrv84f.archive.is/Qdf2n/baa236e2a4d94d45fe93...
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> I disapprove of what you say, but I will defend to the death your right to say it. This is _actually_ what a respectable society does.
booing is also covered by free speech.
If with "booing" you mean "disrespect whatever good idea a person has because it also has very bad ideas", then I wonder who we will end up respecting. Even I have ideas I end up discovering bad. Should I boo myself and ignore everything else I say?
If I am missing another definition of booing then I am sorry.
How is this even rational that companies "invest" billions of dollars that they dont even have? capitalism ad2025 is a joke
If you can borrow money at X% and make (X+1)% on that money, you do that and invest it. As an individual you can do that by buying stocks on margin.
This slide from their investor preso is bonkers. $10B revenue today, but we promise we'll get to $166B in revenue in 5 years, by the simple expedient of growing 75% every year for five years! https://d9j0pm70mrv84f.archive.is/Qdf2n/baa236e2a4d94d45fe93...
The market (over)reacted to the OpenAi announcement sending Oracle’s share price up and now may be overreacting to Altman’s interview with an investor pushing their stock price down. And we are measuring (what seems like) a non-binding investment against market cap which swings everyday.
The honest players like NVidia, Micron, Microsoft, Meta and Google who are shipping product or making money with this tech. IMO there’s a non-zero probability that OpenAI and the “Elon cinematic universe” are Enron style disasters.
The SEC is essentially gone. Their contracts with FINRA mostly cancelled. You can’t invest like it’s 2024.
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I mean that doesn’t have a $0 cost.
It's real upfront cost. They got to build the DCs and put in the hardware. OpenAI's side of those deals are just announcements, which may become real. Or not.
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So you’re saying there’s an upside?
Maybe the entire purpose of OpenAI was to suck all the inflation the US government created on the last decade and burn it out in a huge bonfire at the end of its life. Sam Altman has been playing 6-D chess this entire time, and we thought he was just a fraudster.
There is only a short term inflation decrease while we produce what people mistakingly think is wealth. That can evaporate, but the money supply won’t.
It’s looking like Google may outdo OpenAI. ChatGPT has brand recognition and adoption, but not the best product anymore.
What is the cost of delivering regular search results vs. answering an AI chat question? How do you sell ads through each of these channels? If you consider those angles you'll see that Google does not want AI chat to replace Google search any time soon. Google is being dragged into this kicking and screaming. They are damned if they do, and damned if they don't.
