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submitted 4 months ago by plinky@hexbear.net to c/technology@hexbear.net
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[-] microfiche@hexbear.net 32 points 4 months ago

Desperation to not go tits up amongst other things is causing them to squander their first to market advantage.

They're damn near insolvent aren't they?

[-] plinky@hexbear.net 25 points 4 months ago* (last edited 4 months ago)

they are comfy burning vc injections, which they can afford to if they aren't on the hook for those 500 billion deals, selling some equity at 15 billion spend a year is affordable, 150 billion - not so much

[-] wizardbeard@lemmy.dbzer0.com 4 points 4 months ago

Near? Buddy they've been setting tanker ships of money on fire to stay afloat for at least two year now. Accountants have developed entirely new collateral schemes just to support this "industry".

[-] microfiche@hexbear.net 2 points 4 months ago* (last edited 4 months ago)

Buddy, I don't give a rats ass about AI generally let alone one specific AI company.

this post was submitted on 17 Jan 2026
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