31–40 of 247 posts
How is Alphabet suddenly short of capital?
Even if Alphabet has $80B sitting in the bank, they could quite reasonably arrive at a comparable decision.
How is Alphabet suddenly short of capital?
Are we watching the same AI capex spending choices over the last 1-2 years? Every company from megacorps to small fish are spending well in excess of profits on these capex expansions. No ROI timelines yet established....
How is Alphabet suddenly short of capital?
Literally nobody.
Earlier quoted context omitted.
They know Google has a ton of data to train LLMs on. Recently I have been asking YouTube's new AI about some videos ("when is Steam metrics mentioned in the video?" for example), which means they also index videos. This is an unthinkable amount of data. I'm actually impressed at how bad Alphabet is with LLMs since they invented the thing as we know AND have all the data to train on, yet OpenAI and Anthropic are eatin…
I use anthropic's models daily, and sometimes switch to Gemini. Google is losing the marketing front BADLY, but their AI service is surprisingly great. It's far cheaper than anthropic for one. and for my kind of research it's just better.
Earlier quoted context omitted.
Not only that, but the same webmasters who try to shoo AI crawlers away actively court Google's bots.
Really? Every business owner I know outside of HN wants to be discoverable by LLMs.
Earlier quoted context omitted.
They know Google has a ton of data to train LLMs on. Recently I have been asking YouTube's new AI about some videos ("when is Steam metrics mentioned in the video?" for example), which means they also index videos. This is an unthinkable amount of data. I'm actually impressed at how bad Alphabet is with LLMs since they invented the thing as we know AND have all the data to train on, yet OpenAI and Anthropic are eatin…
I use anthropic's models daily, and sometimes switch to Gemini. Google is losing the marketing front BADLY, but their AI service is surprisingly great. It's far cheaper than anthropic for one. and for my kind of research it's just better.
Earlier quoted context omitted.
They know Google has a ton of data to train LLMs on. Recently I have been asking YouTube's new AI about some videos ("when is Steam metrics mentioned in the video?" for example), which means they also index videos. This is an unthinkable amount of data. I'm actually impressed at how bad Alphabet is with LLMs since they invented the thing as we know AND have all the data to train on, yet OpenAI and Anthropic are eatin…
I use anthropic's models daily, and sometimes switch to Gemini. Google is losing the marketing front BADLY, but their AI service is surprisingly great. It's far cheaper than anthropic for one. and for my kind of research it's just better.
[flagged]
You’ll probably find this is extremely limited to whatever circle you find yourself in
[flagged]
People are going to line up for all of them. Hype sells these days.
Earlier quoted context omitted.
Well, I mean, you'd expect this move to mechanically push share prices down.
Why? There’s $80B of dilution from new shares issued, so to keep share prices constant market cap would have to increase by $80B. Simultaneously, there $80B in additional assets on the balance sheet, so if the company was previously correctly valued at $N market cap it would now be correctly valued at $N+$80B market cap, right? My intuition is that capital raises, just like stock buybacks, should be first-order (“mec…
It's not based on the fundamental value of the stock so maybe you wouldn't consider it "first order," but I think you can still call it "mechanical."