@Techmeme@techhub.socialWhile the AI bubble feels like the internet bubble of 1999, it may actually be larger and scarier with an unstable US economy and greater exposure for Big Tech (Fred Vogelstein/Crazy Stupid Tech)
https://crazystupidtech.com/2025/11/21/boom-bubble-bust…
@andycarolan@social.lolWhen the AI bubble bursts (and I’m convinced that it will), what will all those huge data centres be used for exactly?!
#ai #environment
@Stomata@social.linux.pizza
@mapto@qoto.orgFeeding the AI bubble are circular investments by BigTech
"The financial structure of these deals between OpenAI, Oracle, and Nvidia has drawn scrutiny from industry observers. Earlier this week, Nvidia announced it would invest up to $100 billion as OpenAI deploys Nvidia systems. As Bryn Talkington of Requisite Capital Management told CNBC: "Nvidia invests $100 billion in OpenAI, which then OpenAI turns back and gives it back to Nvidia."
Oracle's arrangement f…
@catsalad@infosec.exchangeSo after the AI bubble pops and the hype dies down, the next Big Thing™, I assume, is quantum whatever. Wonder what's after that? Biotech? Cyborg cats? 3d NTFs?
@tante@tldr.nettime.orgI love the abstraction of the "AI" bubble popping. But the very probable effects haunt me.
(Original title: Desire to Pop)
https://tante.cc/2025/11/23/desire-to-pop/
@hw@fediscience.orgSo, the new LLM from Zhipu, GLM 4.6, is about as good at coding as Anthropic's Sonnet 4.5. but roughly 8 times cheaper. It's impressive since, apparently, Zhipu has raised 13x less capital than Anthropic. Additionally, since GLM 4.6 is an open(ish) model, the inference costs will come down rapidly.
The beginning of the end for the #AI investment bubble?
#AIResearch #opensource
@seeingwithsound@mas.to(OT, YouTube podcast) Jeffrey Funk on the AI bubble https://www.youtube.com/watch?v=EI72tZLs8q8
@haayman@todon.nlThis is Europe’s secret weapon against Trump: it could burst his AI bubble | Johnny Ryan | The Guardian
https://www.theguardian.com/commentisfree/2025/dec/17/europe-donald-trump-ai-bubble-us-economy-eu
@memeorandum@universeodon.comThe AI Bubble Is Bigger Than You Think (David Dayen/American Prospect)
https://prospect.org/2025/11/19/ai-bubble-bigger-than-you-think/
http://www.memeorandum.com/251119/p39#a251119p39
@mapto@qoto.orgThe AI bubble has now dragged the market of RAM into its whirlpool
https://www.theverge.com/news/828337/ram-memory-shortage-crunch-market-prices-central-micro-center
@Techmeme@techhub.socialSources: Salient, which uses AI to automate loan servicing, raised $10M following a $60M Series A in June, pushing its valuation to ~$500M; its ARR hit $25M (Lily Mae Lazarus/Fortune)
https://fortune.com/2025/12/18/salient
@hakona@im.alstadheim.noCash-flows in the #AIBubble, in one neat diagram. Carole Cadwalladr has one question, "when will it pop". No answer yet, but the question is delicious. https://open.substack.com/pub/broligar
@simon_brooke@mastodon.scot"#AI is worrisome enough as is — its insatiable thirst for energy and water, its capacities to override the wishes of human beings, its potential to destroy the planet.
My immediate concern is that AI is becoming a financial bubble whose bursting will harm lots of innocent people" -- @…
@jtk@infosec.exchangeWeekend Reads
* Is this an AI bubble?
https://www.oaktreecapital.com/insights/memo/is-it-a-bubble
* Internet Protocol Journal
@tante@tldr.nettime.orgMany people are cheering for the popping of the "AI" bubble. Maybe it's not that simple though
https://tante.cc/2025/11/23/desire-to-pop/
@kubikpixel@chaos.socialBursting AI bubble may be EU’s “secret weapon” in clash with Trump, expert says:
Spotify and Accenture caught in crossfire as Trump attacks EU tech regulations.
The US threatened to restrict some of the largest service providers in the European Union as retaliation for EU tech regulations and investigations are increasingly drawing Donald Trump’s ire. […]
🤖
@tokensane@mastodon.me.ukYet it comes with a big risk. That is, the incredible dependence of US stock market growth on the performance of a handful of tech giants. The Magnificent 7 - Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla - collectively comprise one third of the valuation of America's entire S&P 500.
BBC News - The Silicon Valley 'AI factory' at the heart of the tech race - BBC News
@timbray@cosocial.ca1/2 In which I cover a couple of the weird/scary aspects of the #genAI bubble and try to get a feel what the post-bubble hangover will feel like. Tl;dr: Not like the dot-com bust. https://www.tbray.org/ong…
@jdrm@social.linux.pizza
@Tupp_ed@mastodon.ieNew Gist: AI, The Sound and Fury
I try to explain all of this AI thing in one article, and suggest why it is hostile to democracy, to humanity but also happily likely to end with the would-be tech Sun Kings taking trips to the financial guillotine.
https://www.thegist.ie/the-gist-ai-the-sou
@markhburton@mstdn.social"The AI investment ‘bubble’ (as measured as the stock price relative to the 'book value' of a company) is 17 times the size of the dot-com frenzy of 2000 — and four times the subprime mortgage bubble of 2007. The ratio of the US stock market’s value to GDP (aka the “Buffett Indicator") has moved up to a new record high at 217%, more than 2 standard deviations above the long-term trendline." [ the very definition of abnormal - MB ]
@cdarwin@c.im"Round- tripping" money has become the coin of the realm in the AI boom.
In September, AI chip king Nvidia announced it would invest
$100 billion in OpenAI, the start-up behind the wildly popular ChatGPT.
OpenAI promptly unveiled massive investments in SoftBank and Oracle, which are building gargantuan data centers that run on, you guessed it, Nvidia chips.
In other words, Nvidia helped to finance the purchase of its own products by investing, directly an…
@ErikJonker@mastodon.socialPeople should seriously think about a possible coming marketcrash. The popping of the financial AI bubble will hurt the "normal" economy. Financial markets could take a very big hit. But how do you protect yourself against this coming disaster, as an owner of limited stocks, savings etc.? Going for gold, government bonds, other things? 🤔
#AI
@a_j_millar@fediscience.orgQuote of Carole Cadwalladr @… post, Monday 17th Nov 25, "Peter Thiel gets out of Dodge",
itself quoting...
“The CFO of OpenAI, Sarah Friar, gave the game away a week ago when she said that she was thinking that there was a role for the government to play in backstopping the future investments of companies like OpenAI, that is a terrible idea.[…]
You know, everybody on Wall Street is excited about this #bubble. 34% of the market value is in the big companies. The private ones have notional values that would make them, you know, Fortune 200 companies. ...."
Investors have to take the hit, not taxpayers/public services.
I have seen this film before.
I still don't like the ending.
➡️ #Edinburgh
Edited to add tag
@almad@fosstodon.org
@grifferz@social.bitfolk.comI think my immediate hot take about the news that the US military is going all-in on AI is: a growing dread that this gives AI vendors access to the bottomless hole that the US likes to throw its money into, aka the defense budget — thus postponing the inevitable burst of the AI bubble.
https://www.
@Techmeme@techhub.socialA look at some US energy companies linked to AI infrastructure, such as Sam Altman-backed Oklo, whose stocks have soared despite having little to no revenue (Jinjoo Lee/Wall Street Journal)
https://www.wsj.com/tech/ai/ai-bubble-ener
@lilmikesf@c.im#GoldmanSachs sees AI as the #NextBigThing and isn’t blinking as it dumps investments into the #ArtificialIntelligence abyss... Analysts expect AI adoption to lift U.S.
@pre@boing.worldSo everyone's wondering if there's a financial crisis coming from the popping of the dotcom bubble.
Here's a little chart of those events, projected as though repeated from last week's stock market top.
You'd be looking at 25 to 50 percent drop over a year or three, taking S&P index down to four to five thousand or so over 2026, since that's what they were.
I think it's at least 30% likely to play out roughly like that, and am positioned such that I'm happy either way.
#stocks #bubble #crappyTechnicalAnalysis
@thomasfuchs@hachyderm.ioI think the root of the “AI” evil is when AI researchers in the 1960s recognized that they outrageously underestimated the complexity of the human mind.
They became humiliated by their promises that AGI was just a few years away—and then went full goblin mode that’s lasting to this day.
Some of the OG researchers took it quite badly that they stalled and weren’t in the limelight anymore.
‣ Marvin Minsky (co-founder of MIT AI lab and arguably the most important early AI bro) went on to visit Epstein’s island multiple times.
‣ Karl Steinbuch, who came up with the German term for computer science ("Informatik")—who also was a literal Nazi (and likely war criminal) in World War II—later wrote articles in ultra-right magazines about things like “equal rights rob women of their children”.
‣ John McCarthy (inventor of Lisp, co-authored document that coined the term “Artificial Intelligence”) was a staunch Republican who years later claimed (in a serious article) that “thermostats have beliefs”.
[one moment, I am receiving more information]
‣ There’s a second Epstein Island AI pioneer? Who also was Chief Learning Officer at… Trump University? That would be Roger Schank (founded one of the first AI companies in the 1980s AI boom, it even had an IPO. Of course the 1980s AI bubble burst).
Obviously all of the above received all the awards in computer science and are very revered people.
@toxi@mastodon.thi.ngThe Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
"According to the Securities and Exchange Commission filings, his fund, Scion Asset Management, bought $187.6 million in puts on Nvidia and $912 million in puts on Palantir, as CNN reports.
Burry similarly made a long-term $1 billion bet from 2005 onwards against the US mortgage market, anticipating its collapse. His fund rose a whopping 489 percent when the market did subsequently fall apart in 2008."
…
@rasterweb@mastodon.social“Google CEO's warning about the AI bubble bursting: 'No company is going to be immune, including us'”
Finally some good news!
@lpryszcz@genomic.socialExcellent read: why growth stock companies are always desperately pumping up one bubble or another, spending billions to hype the pivot to video, or cryptocurrency, or NFTs, or Metaverse, or AI?
https://pluralistic.net/2025/12/05/pop-that-bubble/
@bencurthoys@mastodon.socialSummarised by my partner as "The bank of England is saying WATCH OUT CHAPS"...
https://www.theguardian.com/business/2025/oct/08/bank-of-england-warns-of-growing-risk-that-ai-bubble-could-burst
@CerstinMahlow@mastodon.acm.orgIn a group of ca. 200 computational linguists, there’s most probably mutual agreement on “the AI bubble will burst.” But there’s only very few people one can bond with over “I hope the AI bubble will burst.” 💥
@simon_brooke@mastodon.scot"Crypto is my second bubble concern. It’s a classic Ponzi scheme. It’s growing because investors believe other investors will keep buying it. And like #AI, crypto’s meteoric growth has also been powered largely by the ultra-wealthy. (Trump and his family are said to have made $5 billion off it so far.)" -- @…
@mxp@mastodon.acm.orgThe “AI” bubble is all driven by greed, narcissism, and the craving for fame.
https://www.theguardian.com/technology/2025/dec/06/ai-research-papers
@Techmeme@techhub.socialQ&A with Fei-Fei Li on ImageNet, her startup World Labs' focus on spatial intelligence, superintelligence, regulation, AI bubble, US-China AI arms race, more (Mishal Husain/Bloomberg)
@theodric@social.linux.pizzaIf we could stop living in interesting times, that would be great, thanks
"Sam Altman’s Dirty DRAM Deal
Or: How the AI Bubble, Panic, and Unpreparedness Stole Christmas"
https://www.mooreslawisdead.com/post/sam-altman-s-dirty-dram-deal
@seeingwithsound@mas.toAI bubble? Here's the #BCI #bubble in the making https://www.youtube.com/watch?v=dRZZR0aY5XY&t=1624s
@publicvoit@graz.social"Anyhow, there will be a crash and a hangover. I think the people telling us that #genAI is the future and we must pay it fealty richly deserve their impending financial wipe-out. But still, I hope the hangover is less terrible than I think it will be."
@… in: …
@ErikJonker@mastodon.social @kubikpixel@chaos.socialThis Is How the AI Bubble Will Pop
The AI infrastructure boom is the most important economic story in the world. But the numbers just don't add up.
🫧 https://www.derekthompson.org/p/this-is-how-the-ai-bubble-will-pop
@larsfosdal@mastodon.social"Working with AI is kinda painful, like working with a 200 IQ dementia patient"
- Vince P.
#programming #ai #claudecode
@cdarwin@c.im
@hynek@mastodon.socialI’m somewhat annoyed by big parts of the “AI” discourse (“it’s useless” is patently wrong/wishful thinking and “it’s morally wrong” won’t convince anyone) so this banger by Cory Doctorow was godsend:
> [S]ome people will be on the workers' side because of politics or aesthetics. […] But if you want to win over all the people who benefit from your labor, you need to understand and stress how the products of the AI will be substandard.
@hiimmrdave@hachyderm.iothe current ai bubble is a push to create a means of production that workers cannot seize.
@arXiv_csCY_bot@mastoxiv.pageBubble, Bubble, AI's Rumble: Why Global Financial Regulatory Incident Reporting is Our Shield Against Systemic Stumbles
Anchal Gupta, Gleb Pappyshev, James T Kwok
https://arxiv.org/abs/2509.26150
@vrandecic@mas.toTranscript of a talk by Cory Doctorow @… on the topic of AI and its near -term effects on society. Long. Summary of an upcoming book.
Many good thoughts in it, some I haven't found described so well before, some new to me. I'm quite aligned on his points about copyright, and he's tying this up better than I have seen in other places. I don…
@Techmeme@techhub.socialQ&A with Demis Hassabis on Gemini 3, spending most of his research time on world models, fitting the entire Google search index into Gemini, AI bubble, and more (Alex Heath/Sources)
@chpietsch@fedifreu.deCory Doctorow @… on #AI:
[T]he AI bubble is driven by monopolists who've conquered their markets and have no more growth potential, who are desperate to convince investors that they can continue to grow by moving into…
@lschiff@mastodon.sdf.orgThank you for this, @… ! https://pluralistic.net/2025/12/05/pop-that-bubble/#u-washington (Small detail: I do have a different interpretation of Fobazi Et…
@crell@phpc.socialWe found that ChatGPT made executives significantly more optimistic in their forecasts while peer discussions tended to encourage caution. Additionally, we found that the executives armed with ChatGPT made worse predictions, based on actual stock figures, than they had before they consulted the tool.”
But they'll still keep pushing it down our throats, because nobody wants to be first to get out of the bubble.
@simon_brooke@mastodon.scot"The flood of money into #AI has made America’s #billionaire #oligarchs far richer.
By Forbes’ count, 20 of the most notable
@andres4ny@social.ridetrans.itMy 13yo just coined the term, "The Great AI Depression," for when the AI bubble pops.
@seeingwithsound@mas.to[OT] We may soon all be hanging on to our old laptops until an AI bubble burst makes chips affordable again https://mashable.com/article/laptop-price-increase-ddr5-ram-ai All signs point to big laptop and smartphone price increases due to escalating memory shortage.
@compfu@mograph.socialThis sounds like a really cool sci-fi idea: a language model that is special-purpose, cheap and energy efficient and not connected to the internet so it can be built into household appliances. It might be the positive "residue" of an AI bubble crash.
But will those household appliance companies do it? They'd have to let go of their internet connected fridges and data collection. Maybe it'll be the FOSS and 3d-printing community who does it.
@marcel@waldvogel.familyWir wissen ja schon länger, dass rund um diesen #KI-Hype sehr viel Geld verbrannt wird. Möglicherweise mehr, als je wieder reinkommen wird. Da wird so locker mal Zahlen mit "Billionen" (also Millionen Millionen!) im Namen um sich geworfen, wie in der Dot-Com-Bubble mit Millionen.
@markhburton@mstdn.socialAI and the railway mania
Michael Roberts.
"A widely cited study from MIT found that so far, 95 per cent of generative AI projects produce no return in productivity growth or profits. To justify the required investment, annual data-centre revenues would need to rise from $20bn today to about $2trn. Existing revenues will fall short by $800bn.."
@PwnieFan@infosec.exchange“the book's thesis: that the AI bubble is driven by monopolists who've conquered their markets and have no more growth potential, who are desperate to convince investors that they can continue to grow by moving into some other sector,”
https://mamot.fr/@pluralistic/115277162069992407…
@mxp@mastodon.acm.orgThe “AI” bubble is all driven by greed, narcissism, and the craving for fame.
https://www.theguardian.com/technology/2025/dec/06/ai-research-papers
@mxp@mastodon.acm.orgThe “AI” bubble is all driven by greed, narcissism, and the craving for fame.
https://www.theguardian.com/technology/2025/dec/06/ai-research-papers
@Techmeme@techhub.socialCoreWeave's market value fell $33B in six weeks amid construction delays at its Denton, TX AI data center, criticism from short seller Jim Chanos, and more (Robbie Whelan/Wall Street Journal)
https://www.wsj.com/tech/ai/coreweave-stock-market-ai-bubble-a3c8c321
@ErikJonker@mastodon.socialNice article about the AI Bubble (financial).
#AI #bubble #financial #investing
@simon_brooke@mastodon.scot"At best, some investors lose their shirts while the lucky ones make fortunes. At worst, the bubble bursts and takes everyone down with it — not just its investors, but the entire economy...
I’m deeply concerned that two opaque industries are creating giant bubbles on the verge of bursting.
One is AI" -- @…
@portaloffreedom@social.linux.pizzaThere is a scenario in which the AI bubble will not explode and a few companies will survive: replacing google as the repository of knowledge.
Currently all (allow me the exaggeration) knowledge of humanity is gated by google, which acts as a gateway to any question you have about everything.
What if this gateway shifts and it's not a search engine any more but an LLM? This means that these companies will not only detain the access to the knowledge but also the knowledge itsel…
@makeratschool@kanoa.de
@thomasfuchs@hachyderm.ioInteresting URL here from the Wall Street Journal
https://www.wsj.com/tech/ai/ai-bubble-building-spree-55ee6128?st=dMQAK5&reflink=desktopwebshare_permalink
@vosje62@mastodon.nlHet feest bij OpenAI is wel even voorbij: de vier plagen die het bedrijf achter ChatGPT treffen | de Volkskrant
https://www.volkskrant.nl/tech/het-feest-bij-openai-is-wel-even-voorbij-de-vier-plagen-die-het-bedrijf-achter-chatgpt-treffen~b537e926/#Echobox=1764993936
Dat heet dus: de AI bubble knapt, ondanks dat veel mensen met AI spelen.
@pavelasamsonov@mastodon.social
@nohillside@smnn.chWhen (not if) the #AI bubble finally implodes: will only #OpenAI fall, or #Microsoft as well?
OpenAI's Sam Altman Defends $1 Trillion Spending Commitments, Predicts Steep Revenue Growth, More Products - Slashdot
@cdarwin@c.imSyntax is not Semantics
Language is not the same as intelligence.
The entire AI bubble is built on ignoring that.
https://www.theverge.com/ai-artificial-intelligence/827820/large-language-models-ai-intellige…
@tante@tldr.nettime.orgThings I had not expected to see today: Deutsche Bank making a numbers based argument that "AI" is a bubble and won't last https://futurism.com/artificial-intelligence/deutsche-bank-grim-warning-ai-industry
@mapto@qoto.org“If the market can keep the faith to persist, it buys the necessary time for the technology to mature, for the costs to come down, and for companies to figure out the business model,” Wu said. But US “companies can end up underwater if AI grows fast but less rapidly than they hope for,” he suggested.
@timbray@cosocial.caHaha, sorry MAGA, turns out you can’t power all those aspirational AI data centers without renewables. Wow, if they built a bunch of renewable infra and then the bubble popped, that’d be just (*snicker*) terrible… https://www.
@thomasfuchs@hachyderm.io @CerstinMahlow@mastodon.acm.orgSoooo, the AI bubble might burst even this year already? I was thinking of 2026, but maybe we'll have very interesting Christmas ahead
https://piaille.fr/@rts/115713784150633988
@hakona@im.alstadheim.no#Economist #WordOfTheYear
... with an ironic twist
@grifferz@social.bitfolk.comThe marketing phrase "Built for AI-Era Scale" that I keep seeing these days is going to ring really hollow when the bubble bursts.
This is not a place of honour…
@Techmeme@techhub.socialSources detail how Tiger Global fueled the COVID-era unicorn bubble that burst ahead of the AI boom; the firm recently shared its $12.7B 2021 fund is now up 16% (Issie Lapowsky/Rest of World)
https://restofworld.org/2025/tiger-global-unicorn-investment-crash/
@ErikJonker@mastodon.socialIf it bursts, it will hurt us all.
"The AI bubble is 17 times the size of the dot-com frenzy — and four times the subprime bubble"
https://www.marketwatch.com/story/the-ai-bubble-is-17-times-the-size-of-the…
@thomasfuchs@hachyderm.ioThe ultimate crux why LLMs can never be actually intelligent is this:
“…research shows language is not the same as intelligence. The entire AI bubble is built on ignoring it.”
https://www.theverge.com/ai-artificial-intelligence/827820/large-language-models-ai-intelligence-neuroscience-problems
@Techmeme@techhub.socialAn interview with IBM CEO Arvind Krishna on why there's no AI bubble, his view that Watson's healthcare push was "inappropriate", IBM's quantum bet, and more (Nilay Patel/The Verge)
https://www.theverge.com/podcast/829868/ib
@cdarwin@c.imThe price of eggs has nothing on the price of computer memory right now.
Thanks to a supply crunch from the “AI” bubble,
RAM chips are the new gold,
with prices on consumer PC memory kits ballooning out of control.
In an object lesson in the ridiculousness of an economic bubble,
Samsung won’t even sell its memory to… Samsung
@simon_brooke@mastodon.scot"The [Wall Street Journal] writers compare the #AI bubble to other bubbles, like Worldcom's fraud-soaked fiber optic bonanza (which saw the company's CEO sent to prison, where he eventually died), and conclude that the AI bubble is vastly larger than any other bubble in recent history" -- @pluralistic
#LLMs
@Techmeme@techhub.socialBig Tech's AI data center plans, which are set to need an estimated 44GW of additional capacity by 2028, face a power crunch that could deflate the AI "bubble" (Financial Times)
https://ig.ft.com/ai-power/
@ErikJonker@mastodon.socialAI is here to stay and will add value after a phase of finding out what works and what does not. In financial terms there is however a bubble that will explode....
https://fortune.com/2025/09/23/ai-boom-unsustainable-tech-spending-parabolic-deutsche…
@simon_brooke@mastodon.scot"Today's #AI bubble has absorbed more of the country's wealth and represents more of its economic activity than historic nation-shattering bubbles, like the 19th century UK rail bubble. A much-discussed MIT paper found that 95% of companies that had tried AI had either nothing to show for it, or experienced a loss" -- @…
@Techmeme@techhub.socialPitchBook: US AI and robotics VC deals are up over 4x since 2023 to $160B so far in 2025, while comparable China deals are just $10B , up from $9.24B in 2023 (CNBC)
https://www.cnbc.com/2025/11/26/cnbc-china
@simon_brooke@mastodon.scot"the #AI bubble is driven by monopolists who've conquered their markets and have no more growth potential, who are desperate to convince investors that they can continue to grow by moving into some other sector...
when the bubble bursts, the money-hemorrhaging "foundation models" will be shut off and we'll lose the AI that can't do your job, and you will be long gone&q…
@Techmeme@techhub.socialThe AI boom is driving coordinated innovation in the US as it builds fabs and energy infrastructure that could have lasting value even if the bubble bursts (Ben Thompson/Stratechery)
https://stratechery.com/2025/the-benefits-of-bubbles/
@Techmeme@techhub.socialDeepSeek says its new DeepSeekMath-V2 model got gold-medal level status on the International Mathematical Olympiad 2025 and Chinese Mathematical Olympiad 2024 (Matthias Bastian/The Decoder)
https://the-decoder.com/deepseekmath-v2-is-deepseeks-late…
@Techmeme@techhub.socialIndia-listed RRP Semiconductor's stock surged 55,000% in the 20 months through Dec. 17, despite negative revenue; source: India's SEBI is examining the surge (Chiranjivi Chakraborty/Bloomberg)
https://www.bloomberg.com/news/articles/20
@Techmeme@techhub.socialUS filing: Peter Thiel's Thiel Macro sold 537,742 Nvidia shares, worth ~$100M as of September 30, during Q3, amid rising concerns about an AI investment bubble (Bloomberg)
https://www.bloomberg.com/news/articles/2025-11-…
@Techmeme@techhub.social @Techmeme@techhub.socialAt a Tokyo forum, Masayoshi Son says he "was crying" over SoftBank selling its $5.83B Nvidia stake but "I just had more need for money to invest in OpenAI" (Dylan Butts/CNBC)
https://www.cnbc.com/2025/12/02/softbank-m
@Techmeme@techhub.socialSources: Databricks is raising $5B and expects sales to grow 55% this year, putting its post-money valuation at $134B, as AI costs squeeze gross profit margins (Cory Weinberg/The Information)
https://www.theinformation.com/articles/datab…
@Techmeme@techhub.socialAfter Nvidia GTC, Jensen Huang says "I don't believe we're in an AI bubble" and that Nvidia expects to sell 20M Blackwell chips, up from 4M Hopper chips (Bloomberg)
https://www.bloomberg.com/news/articles/20…
@Techmeme@techhub.socialVCs say some AI startups, under pressure to show rapid ARR growth, are using questionable accounting practices like counting one-time deals as recurring revenue (Allie Garfinkle/Fortune)
https://fortune.com/2025/09/28/how-is-arr-calculated-startups-venture/
