• humanspiral@lemmy.ca
    link
    fedilink
    English
    arrow-up
    25
    arrow-down
    2
    ·
    21 hours ago

    Definitely massive risk. They are giving away about $200-$400/week user credits for their Muse agent. Hardly anyone would need more than that, but it requires giving them credit card info. Massive competition being released in this personal agent space, just a few weeks after their rollout.

    SpaceX is going even more nuts. Musk is a fraud supported by Zionist first political rule over US with support for his fraud, but 1.3gw of “spec” datacenters comming online in next 3 months is 5x the hourly gpu rental inventory in the US. BS goal about 10gw extra in 2027 is still gross overspending that makes everyone else go bankrupt from Nvidia price hikes. Grok and Cursor revenue combined still under $1b (last quarter). Zionazi circular financing for GOP corruption will starve rest of industry from access to capital.

    IPOs are failing everywhere. UAE being forced geopolitically to bail out OpenAI with $30b, because they are out of cash. Coreweave needs $2b cash just to make it to end of year, but no one will give it to them. SpaceX in similar cash burn rate.

    SpaceX and Meta are both building to just rent GPUs to desperate labs without firm contracts. All labs have separate plans. Coreweave gives massive discounts that force structural losses before impossible interest costs, and Nvidia’s power to charge whatever it wants for delivery. Collapse is very near.

    • Modern_medicine_isnt@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      6 hours ago

      So wait. What is the story with coreweave. You mentioned labs desperate for gpu, and there very much is a shortage. Coreweave rents that. So they should be making miney handover fist.

    • Scrollone@lemmy.zip
      link
      fedilink
      English
      arrow-up
      7
      ·
      15 hours ago

      I can’t wait to buy a video accelerator and hard disks for cheap again. So I can’t wait for the AI bubble to pop. The only problems is that the whole economy will tank at the same time…

      • Glitchvid@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        ·
        13 hours ago

        As someone with plans to work in the software dev sector, it’s just bad news no matter what. AI turns out to be magic, no jobs. Industry crashes because of the bubble, no jobs.