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angrychair

(12,335 posts)

1. Nothing new here

Reply to Mr. Sparkle (Original post)

Fri Feb 27, 2026, 01:17 PM

Feb 27

This is just big AI connected companies passing around the same bucket of money like a pocket comb on picture day.

There is still no actual growth. No actual revenue. No actual, realistic, plan to be profitable.
This is theater to keep OpenAI afloat.
Microsoft has 50% stake in OpenAI and the financial stress on MS is starting to show

Eventually, Microsoft and these other companies will start to run into issues that they are not acting in the best financial interests of their stockholders.

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jfz9580m IbogaProject

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Highlight:

OpenAI Raises $110 Billion Led by Amazon, Nvidia and SoftBank, Extending A.I. Boom [View all] Mr. Sparkle Feb 27 OP

Nothing new here angrychair Feb 27 #1

This message was self-deleted by its author jfz9580m Feb 27 #2

Don't mistake this for profits - AI is completely unprofitable FakeNoose Feb 27 #3

New tulip schemes annually. gAI Obsessed Feb 27 #4

Welcome to DU LetMyPeopleVote Feb 28 #7

Is it too big to fail yet? hunter Feb 27 #5

These types of circular, incestuous deals were the harbinger of doom in the dot com era. pat_k Feb 27 #6