Tootfinder

Opt-in global Mastodon full text search. Join the index!

@jerome@jasette.facil.services
2025-11-03 15:11:02

One one side i'd rather have those large corporations spend their money in the economy instead of holding cash in the bank account of their billionnaire owners.
On the other hand, it's hard to think there is anything sustainable to the amount of money spent on AI right now.
Screenshot from Bloomberg this morning
#FAANG

Bloomberg screenshot: Amazon Inks $38 Billion Deal With OpenAl For Nvidia Chips
230,00 Amazon's cloud unit has signed a $38 billion deal to
supply a slice of OpenAl’'s bottomless demand for
computing power.

Tech Stocks Rally as Amazon's Deal Powers Al Bets
———

Microsoft Signs $9.7 Billion Deal 
Nvidia Can Hit $8.5 Trillion on Golden Wave of AI
Alphabet Looks at Selling $22 Billion of Bonds in US,  Europe