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  3. Welp, it's all kicking off this week in AI!

Welp, it's all kicking off this week in AI!

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  • Charlie StrossC This user is from outside of this forum
    Charlie StrossC This user is from outside of this forum
    Charlie Stross
    wrote last edited by
    #1

    Welp, it's all kicking off this week in AI!

    Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

    Link Preview Image
    Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

    Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

    favicon

    CNBC (www.cnbc.com)

    Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

    Link Preview Image
    With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

    Last week's sell-off made shares cheaper than they've been in years.

    favicon

    The Motley Fool (www.fool.com)

    … Is the AI bubble over?

    PeterX Michael Lucas :flan_set_fire:M adamriceA Fi 🏳️‍⚧️M lemgandiL 20 Replies Last reply
    2
    0
    • Charlie StrossC Charlie Stross

      Welp, it's all kicking off this week in AI!

      Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

      Link Preview Image
      Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

      Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

      favicon

      CNBC (www.cnbc.com)

      Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

      Link Preview Image
      With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

      Last week's sell-off made shares cheaper than they've been in years.

      favicon

      The Motley Fool (www.fool.com)

      … Is the AI bubble over?

      PeterX This user is from outside of this forum
      PeterX This user is from outside of this forum
      Peter
      wrote last edited by
      #2

      @cstross you'll know when the DJI drops 25%

      1 Reply Last reply
      0
      • Charlie StrossC Charlie Stross

        Welp, it's all kicking off this week in AI!

        Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

        Link Preview Image
        Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

        Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

        favicon

        CNBC (www.cnbc.com)

        Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

        Link Preview Image
        With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

        Last week's sell-off made shares cheaper than they've been in years.

        favicon

        The Motley Fool (www.fool.com)

        … Is the AI bubble over?

        Michael Lucas :flan_set_fire:M This user is from outside of this forum
        Michael Lucas :flan_set_fire:M This user is from outside of this forum
        Michael Lucas :flan_set_fire:
        wrote last edited by
        #3

        @cstross

        here we go again!

        1 Reply Last reply
        0
        • Charlie StrossC Charlie Stross

          Welp, it's all kicking off this week in AI!

          Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

          Link Preview Image
          Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

          Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

          favicon

          CNBC (www.cnbc.com)

          Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

          Link Preview Image
          With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

          Last week's sell-off made shares cheaper than they've been in years.

          favicon

          The Motley Fool (www.fool.com)

          … Is the AI bubble over?

          adamriceA This user is from outside of this forum
          adamriceA This user is from outside of this forum
          adamrice
          wrote last edited by
          #4

          @cstross Nvidia investing in OpenAI sounds like blowing smoke up your own ass in order to levitate.

          Charlie StrossC 1 Reply Last reply
          0
          • Charlie StrossC Charlie Stross

            Welp, it's all kicking off this week in AI!

            Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

            Link Preview Image
            Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

            Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

            favicon

            CNBC (www.cnbc.com)

            Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

            Link Preview Image
            With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

            Last week's sell-off made shares cheaper than they've been in years.

            favicon

            The Motley Fool (www.fool.com)

            … Is the AI bubble over?

            Fi 🏳️‍⚧️M This user is from outside of this forum
            Fi 🏳️‍⚧️M This user is from outside of this forum
            Fi 🏳️‍⚧️
            wrote last edited by
            #5

            @cstross

            the rocket motor's burned out and the vehicle is coasting; we'll have to wait a bit before we see how hard it comes down I expect.

            1 Reply Last reply
            0
            • Charlie StrossC Charlie Stross

              Welp, it's all kicking off this week in AI!

              Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

              Link Preview Image
              Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

              Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

              favicon

              CNBC (www.cnbc.com)

              Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

              Link Preview Image
              With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

              Last week's sell-off made shares cheaper than they've been in years.

              favicon

              The Motley Fool (www.fool.com)

              … Is the AI bubble over?

              lemgandiL This user is from outside of this forum
              lemgandiL This user is from outside of this forum
              lemgandi
              wrote last edited by
              #6

              @cstross

              The market can stay irrational longer than you can stay solvent.

              1 Reply Last reply
              0
              • Charlie StrossC Charlie Stross

                Welp, it's all kicking off this week in AI!

                Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

                Link Preview Image
                Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

                Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

                favicon

                CNBC (www.cnbc.com)

                Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

                Link Preview Image
                With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

                Last week's sell-off made shares cheaper than they've been in years.

                favicon

                The Motley Fool (www.fool.com)

                … Is the AI bubble over?

                Madeleine MorrisR This user is from outside of this forum
                Madeleine MorrisR This user is from outside of this forum
                Madeleine Morris
                wrote last edited by
                #7

                @cstross from your lips to god’s ear

                1 Reply Last reply
                0
                • Charlie StrossC Charlie Stross

                  Welp, it's all kicking off this week in AI!

                  Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

                  Link Preview Image
                  Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

                  Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

                  favicon

                  CNBC (www.cnbc.com)

                  Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

                  Link Preview Image
                  With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

                  Last week's sell-off made shares cheaper than they've been in years.

                  favicon

                  The Motley Fool (www.fool.com)

                  … Is the AI bubble over?

                  Jack William BellJ This user is from outside of this forum
                  Jack William BellJ This user is from outside of this forum
                  Jack William Bell
                  wrote last edited by
                  #8

                  @cstross

                  If it is happening this way, as a slow pullout of the smart money? I think the economic shock may be somewhat more muted than I'd previously feared.

                  Given the geopolitical and geoeconomic stresses right now a combination of run on the stock market and run on the dollar could bring about a 1929 level crash. And I think the current prices of precious metals shows there are a number of big players who fear exactly that might happen.

                  But should the bubble deflate more slowly? ¯\_(ツ)_/¯

                  1 Reply Last reply
                  0
                  • adamriceA adamrice

                    @cstross Nvidia investing in OpenAI sounds like blowing smoke up your own ass in order to levitate.

                    Charlie StrossC This user is from outside of this forum
                    Charlie StrossC This user is from outside of this forum
                    Charlie Stross
                    wrote last edited by
                    #9

                    @adamrice Exactly! How come you spotted it while all the blue chip funds didn't notice?

                    Bruno NicolettiB LichoL 2 Replies Last reply
                    0
                    • Charlie StrossC Charlie Stross

                      Welp, it's all kicking off this week in AI!

                      Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

                      Link Preview Image
                      Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

                      Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

                      favicon

                      CNBC (www.cnbc.com)

                      Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

                      Link Preview Image
                      With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

                      Last week's sell-off made shares cheaper than they've been in years.

                      favicon

                      The Motley Fool (www.fool.com)

                      … Is the AI bubble over?

                      UilebheistU This user is from outside of this forum
                      UilebheistU This user is from outside of this forum
                      Uilebheist
                      wrote last edited by
                      #10

                      @cstross I suspect not: there's no limit to human stupidity.

                      1 Reply Last reply
                      0
                      • Charlie StrossC Charlie Stross

                        Welp, it's all kicking off this week in AI!

                        Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

                        Link Preview Image
                        Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

                        Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

                        favicon

                        CNBC (www.cnbc.com)

                        Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

                        Link Preview Image
                        With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

                        Last week's sell-off made shares cheaper than they've been in years.

                        favicon

                        The Motley Fool (www.fool.com)

                        … Is the AI bubble over?

                        Sean FenianZ This user is from outside of this forum
                        Sean FenianZ This user is from outside of this forum
                        Sean Fenian
                        wrote last edited by
                        #11

                        @cstross@wandering.shop Meanwhile Mozilla promised a one-step 'AI kill switch' in Firefox 148, and Vivaldi's CEO said "We've learned that frankly, people hate AI."

                        1 Reply Last reply
                        0
                        • Charlie StrossC Charlie Stross

                          Welp, it's all kicking off this week in AI!

                          Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

                          Link Preview Image
                          Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

                          Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

                          favicon

                          CNBC (www.cnbc.com)

                          Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

                          Link Preview Image
                          With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

                          Last week's sell-off made shares cheaper than they've been in years.

                          favicon

                          The Motley Fool (www.fool.com)

                          … Is the AI bubble over?

                          Steve DowneyS This user is from outside of this forum
                          Steve DowneyS This user is from outside of this forum
                          Steve Downey
                          wrote last edited by
                          #12

                          @cstross But simultaneously the debt market is selling off bonds from SaaS companies on the panic that AI will replace them.

                          Two crashes on opposite sides of the same bet.

                          yay

                          Dan SugalskiW John GriffithsJ 2 Replies Last reply
                          0
                          • Charlie StrossC Charlie Stross

                            @adamrice Exactly! How come you spotted it while all the blue chip funds didn't notice?

                            Bruno NicolettiB This user is from outside of this forum
                            Bruno NicolettiB This user is from outside of this forum
                            Bruno Nicoletti
                            wrote last edited by
                            #13

                            @cstross @adamrice Fear of missing out on the upswing. Most investors are not driven by any rational analysis but by two instincts, greed and fear. Looks like we are in the middle of the flip from one mode to the other.

                            Becca Cotton-WeinholdR 1 Reply Last reply
                            0
                            • Steve DowneyS Steve Downey

                              @cstross But simultaneously the debt market is selling off bonds from SaaS companies on the panic that AI will replace them.

                              Two crashes on opposite sides of the same bet.

                              yay

                              Dan SugalskiW This user is from outside of this forum
                              Dan SugalskiW This user is from outside of this forum
                              Dan Sugalski
                              wrote last edited by
                              #14

                              @Sdowney @cstross Every time anyone talks about the invisible hand of the market, or the wisdom of the markets, I just... point them at what the actual market does and laugh.

                              1 Reply Last reply
                              0
                              • Charlie StrossC Charlie Stross

                                Welp, it's all kicking off this week in AI!

                                Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

                                Link Preview Image
                                Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

                                Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

                                favicon

                                CNBC (www.cnbc.com)

                                Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

                                Link Preview Image
                                With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

                                Last week's sell-off made shares cheaper than they've been in years.

                                favicon

                                The Motley Fool (www.fool.com)

                                … Is the AI bubble over?

                                Jim JonesG This user is from outside of this forum
                                Jim JonesG This user is from outside of this forum
                                Jim Jones
                                wrote last edited by
                                #15

                                @cstross Oof. That Microsoft dip is not pretty.

                                Charlie StrossC 1 Reply Last reply
                                0
                                • Steve DowneyS Steve Downey

                                  @cstross But simultaneously the debt market is selling off bonds from SaaS companies on the panic that AI will replace them.

                                  Two crashes on opposite sides of the same bet.

                                  yay

                                  John GriffithsJ This user is from outside of this forum
                                  John GriffithsJ This user is from outside of this forum
                                  John Griffiths
                                  wrote last edited by
                                  #16

                                  @Sdowney @cstross both sides can be insanely overvalued at the same time!

                                  cliffordheathC 1 Reply Last reply
                                  0
                                  • Jim JonesG Jim Jones

                                    @cstross Oof. That Microsoft dip is not pretty.

                                    Charlie StrossC This user is from outside of this forum
                                    Charlie StrossC This user is from outside of this forum
                                    Charlie Stross
                                    wrote last edited by
                                    #17

                                    @GreatBigTable Palantir are down a similar amount!

                                    Jim JonesG 1 Reply Last reply
                                    0
                                    • Charlie StrossC Charlie Stross

                                      @GreatBigTable Palantir are down a similar amount!

                                      Jim JonesG This user is from outside of this forum
                                      Jim JonesG This user is from outside of this forum
                                      Jim Jones
                                      wrote last edited by
                                      #18

                                      @cstross You hate to see it. Really.

                                      Jürgen HubertJ 1 Reply Last reply
                                      0
                                      • Charlie StrossC Charlie Stross

                                        Welp, it's all kicking off this week in AI!

                                        Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

                                        Link Preview Image
                                        Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

                                        Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

                                        favicon

                                        CNBC (www.cnbc.com)

                                        Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

                                        Link Preview Image
                                        With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

                                        Last week's sell-off made shares cheaper than they've been in years.

                                        favicon

                                        The Motley Fool (www.fool.com)

                                        … Is the AI bubble over?

                                        cubeosC This user is from outside of this forum
                                        cubeosC This user is from outside of this forum
                                        cubeos
                                        wrote last edited by
                                        #19

                                        @cstross Microsoft Azure Income grew. by 39% year over year. It just grew 2% less than some people expected.

                                        1 Reply Last reply
                                        0
                                        • Charlie StrossC Charlie Stross

                                          Welp, it's all kicking off this week in AI!

                                          Nvidia is going all squishy over a planned $100Bn investment in OpenAI:

                                          Link Preview Image
                                          Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening

                                          Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.

                                          favicon

                                          CNBC (www.cnbc.com)

                                          Microsoft Azure income shrank 2% despite huge investment by MSFT and knocked a $375Bn hole in their finances: MSFT shares down 10% in 3 days:

                                          Link Preview Image
                                          With Shares Down 10% After Its Earnings Call, Is Microsoft a Buy? | The Motley Fool

                                          Last week's sell-off made shares cheaper than they've been in years.

                                          favicon

                                          The Motley Fool (www.fool.com)

                                          … Is the AI bubble over?

                                          Dianne HackbornH This user is from outside of this forum
                                          Dianne HackbornH This user is from outside of this forum
                                          Dianne Hackborn
                                          wrote last edited by
                                          #20

                                          @cstross

                                          "The longtime chief also criticized a lack of discipline in OpenAI’s business strategy"

                                          Meaning they wouldn't be spending enough of that money on Nvidia's GPUs?

                                          1 Reply Last reply
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