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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 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
                                        0
                                        • John GriffithsJ John Griffiths

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

                                          cliffordheathC This user is from outside of this forum
                                          cliffordheathC This user is from outside of this forum
                                          cliffordheath
                                          wrote last edited by
                                          #21

                                          @johnboy @Sdowney @cstross It's almost like both sides provide things that won't be needed when everyone is suddenly reduced to subsistence farming

                                          John GriffithsJ 1 Reply Last reply
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