Do we actually know where the money for all this is coming from? The hardware and power bills alone should look like a huge black hole for any company doing this. Completely unsustainable, and yet Microsoft, Meta, Google, Apple all continue to function without issues.
The revenue generated is tiny, so where is the money coming from?
Duh, the datacenter holding company is funded by openAI, which is funded by nvidia, who makes their money selling chips to the datacenter holding company, who then rents out their equipment to openAI, who gets funding from nvidia. So basically Enron 2.0
Do we actually know where the money for all this is coming from? The hardware and power bills alone should look like a huge black hole for any company doing this. Completely unsustainable, and yet Microsoft, Meta, Google, Apple all continue to function without issues.
The revenue generated is tiny, so where is the money coming from?
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Duh, the datacenter holding company is funded by openAI, which is funded by nvidia, who makes their money selling chips to the datacenter holding company, who then rents out their equipment to openAI, who gets funding from nvidia. So basically Enron 2.0
We ran a lot of QE during Covid, which is still going into stocks. VTI doubled the last 4 years.