SDF Chatter
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish ·
edit-2
4 months ago

Oracle’s astonishing $300bn OpenAI deal is now valued at minus $74bn

www.ft.com

external-link
message-square
16
link
fedilink
  • cross-posted to:
  • Wallstreetbets@sopuli.xyz
  • hackernews@lemmy.bestiver.se
  • us_news@lemmygrad.ml
  • economics@lemmy.ml
  • news@lemmings.world
61
external-link

Oracle’s astonishing $300bn OpenAI deal is now valued at minus $74bn

www.ft.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish ·
edit-2
4 months ago
message-square
16
link
fedilink
  • cross-posted to:
  • Wallstreetbets@sopuli.xyz
  • hackernews@lemmy.bestiver.se
  • us_news@lemmygrad.ml
  • economics@lemmy.ml
  • news@lemmings.world
Oracle is already underwater on its ‘astonishing’ $300bn OpenAI deal
www.ft.com
external-link
AI’s circular economy may have a reverse Midas at the centre

https://archive.ph/uLke9

alert-triangle
You must log in or register to comment.
  • happybadger [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    35
    ·
    4 months ago

    What if we invested $300B in something that people only use because it’s free and arbitrarily replaced the better things we used to use because they were free? What if we built the computing capacity to produce even more of the shitty thing people increasingly don’t like? What if we invested in the thing that will need to charge people for using it, but that also robs those people of their job so they have no expendable income? cap-think

    • durduramayacaklar@lemmygrad.ml
      link
      fedilink
      English
      arrow-up
      12
      ·
      4 months ago

      Sounds like a solid plan for bourgeoisie

  • musicpostingonly [he/him, any]@hexbear.net
    link
    fedilink
    English
    arrow-up
    28
    ·
    4 months ago

    Oracle.

    Fuck oracle. Fuck Larry Ellison. Lose more.

    • Beaver [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      9
      ·
      4 months ago

      It would be so fucking sick if Larry Ellison lost everything.

      • Что_такое_любовь [any]@hexbear.net
        link
        fedilink
        English
        arrow-up
        8
        ·
        4 months ago

        I misread that and thought you said you would be sick if Larry Ellison lost everything and now I’m imagining an uninvested guy who gets physically ill thinking about billionaires losing their money

      • spudnik [he/him, they/them]@hexbear.net
        link
        fedilink
        English
        arrow-up
        7
        ·
        4 months ago

        Just walking around with no shoes wearing a barrel on suspenders timmy-pray

  • KnilAdlez [none/use name]@hexbear.net
    link
    fedilink
    English
    arrow-up
    25
    ·
    4 months ago

    Wow, it’s like going all in on the tech no one wants ran by a pathological liar wasn’t the best idea.

  • Thordros [he/him, comrade/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    22
    ·
    4 months ago

    Welcome to Who’s Economy Is It Anyway?, the world where everything is made up and the currencies don’t matter!

  • BodyBySisyphus [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    21
    ·
    4 months ago

    Forbes just published an article today about how how nuh uh it totally isn’t a bubble, so uh guess we’ll see how it plays out.

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
      link
      fedilink
      English
      arrow-up
      12
      ·
      4 months ago

      🤣

    • JohnBrownsBussy2 [she/her, they/them]@hexbear.net
      link
      fedilink
      English
      arrow-up
      9
      ·
      4 months ago

      It’s Forbes.sites, i.e., a blog post and not an actual article edited by Forbes.

      • BodyBySisyphus [he/him]@hexbear.net
        link
        fedilink
        English
        arrow-up
        3
        ·
        4 months ago

        They did give it the editor’s pick flair though.

  • marxisthayaca [he/him,they/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    11
    ·
    4 months ago

    Get fucked lmao

  • JustSo [she/her, any]@hexbear.net
    link
    fedilink
    English
    arrow-up
    9
    ·
    4 months ago

    lmaooo

    party-sicko

  • LocalOaf [they/them, she/her]@hexbear.net
    link
    fedilink
    English
    arrow-up
    9
    ·
    4 months ago

    stonks-down

  • jack [he/him, comrade/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    7
    ·
    4 months ago

    It’s gonna be soooooo satisfying to watch this bubble pop

news@hexbear.net

news@hexbear.net

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !news@hexbear.net

Welcome to c/news! We aim to foster a book-club type environment for discussion and critical analysis of the news. Our policy objectives are:

  • To learn about and discuss meaningful news, analysis and perspectives from around the world, with a focus on news outside the Anglosphere and beyond what is normally seen in corporate media (e.g. anti-imperialist, anti-Zionist, Marxist, Indigenous, LGBTQ, people of colour).

  • To encourage community members to contribute commentary and for others to thoughtfully engage with this material.

  • To support healthy and good faith discussion as comrades, sharpening our analytical skills and helping one another better understand geopolitics.

We ask community members to appreciate the uncertainty inherent in critical analysis of current events, the need to constantly learn, and take part in the community with humility. None of us are the One True Leftist, not even you, the reader.

Newcomm and Newsmega Rules:

The Hexbear Code of Conduct and Terms of Service apply here.

  1. Link titles: Please use informative link titles. Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed.

  2. Content warnings: Posts on the newscomm and top-level replies on the newsmega should use content warnings appropriately. Please be thoughtful about wording and triggers when describing awful things in post titles.

  3. Fake news: No fake news posts ever, including April 1st. Deliberate fake news posting is a bannable offense. If you mistakenly post fake news the mod team may ask you to delete/modify the post or we may delete it ourselves.

  4. Link sources: All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. If you are citing a Twitter post as news, please include the Xcancel.com (or another Nitter instance) or at least strip out identifier information from the twitter link. There is also a Firefox extension that can redirect Twitter links to a Nitter instance, such as Libredirect or archive them as you would any other reactionary source.

  5. Archive sites: We highly encourage use of non-paywalled archive sites (i.e. archive.is, web.archive.org, ghostarchive.org) so that links are widely accessible to the community and so that reactionary sources don’t derive data/ad revenue from Hexbear users. If you see a link without an archive link, please archive it yourself and add it to the thread, ask the OP to fix it, or report to mods. Including text of articles in threads is welcome.

  6. Low effort material: Avoid memes/jokes/shitposts in newscomm posts and top-level replies to the newsmega. This kind of content is OK in post replies and in newsmega sub-threads. We encourage the community to balance their contribution of low effort material with effort posts, links to real news/analysis, and meaningful engagement with material posted in the community.

  7. American politics: Discussion and effort posts on the (potential) material impacts of American electoral politics is welcome, but the never-ending circus of American Politics© Brought to You by Mountain Dew™ is not welcome. This refers to polling, pundit reactions, electoral horse races, rumors of who might run, etc.

  8. Electoralism: Please try to avoid struggle sessions about the value of voting/taking part in the electoral system in the West. c/electoralism is right over there.

  9. AI Slop: Don’t post AI generated content. Posts about AI race/chip wars/data centers are fine.

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 862 users / day
  • 1.43K users / week
  • 2.11K users / month
  • 3.92K users / 6 months
  • 43 local subscribers
  • 24.7K subscribers
  • 14.3K Posts
  • 339K Comments
  • Modlog
  • mods:
  • Alaskaball [comrade/them, any]@hexbear.net
  • carpoftruth [any, any]@hexbear.net
  • Breath_Of_The_Snake [they/them, comrade/them]@hexbear.net
  • Infamousblt [any]@hexbear.net
  • Redcuban1959 [any]@hexbear.net
  • BE: 0.19.11
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org