Friday night news dump: “.. The revised plan would lower the size of Nvidia’s financial guarantee from $250 billion to less than $120 billion, a change made to address investors’ concerns about the chipmaker’s risk exposure ..” @wsj.com $NVDA www.wsj.com/tech/nvidia-...

Circle trade has a sad? #AIBubble

Here we go, buckle up.

It’s after market so I am sure insider trader Trump will come up with something.

Given the Goldman Sachs release of the over 1t in unreported spending, this might only be the first instance of companies making revisions to respond to shareholder concerns.

Oh 💩!!! 🤭

Or they could save another $120B and just say 'no.'

LOL

You saw this one coming.

@edzitron is doing the jack nicholson nodding gif rn carl

It’s all going to collapse, it’s going to tank the economy. He’s not going to help regular people at all but instead bailout the Tech Oligarchs. Let them collapse. They’re evil. Let them die!

Open AI seems like it may not make it to the ipo

Meanwhile, in another imaginary dimension...the Terafab fantasy persists. finance.yahoo.com/technology/a...

it’s almost like the whole ai bs is… actually bs as in IT’S BS !! “Friday night news dump: “.. The revised plan would lower the size of Nvidia’s financial guarantee from $250 billion to less than $120 billion, a change made to address investors’ concerns about the chipmaker’s risk exposure ..””

“Only” $120 billion. Nothing to see here, folks. Just like when the appliance store sold you your kitchen appliances and promised to pay for them if you couldn’t, only with a whole boatload of additional zeros.

😂😂😂

*gameshow music* audience shouts: IS .. THAT .. GOOD?! @edzitron.com

I think Oracle realized they were headed towards junk-bond status if they kept this up 

120 billion is still an astronomic amount of money, lets get down below 1 billion

Too many people conflate return on investment with technological advancement. Just like the dot com bubble, many AI investors will get completely wiped out. Companies will get acquired for cheap, if lucky, or just disappear. AI tech advancements will actually accelerate & doubt many are ready.

Diluting returns on AI cap ex. I’m sure the market will take that well.

Go ahead. We don’t want them. Unless they are sovereign. That means they serve the people. Not a person or corporation or political entity.

10 GW? Recall that one point twenty one gigawatts was enough to fry your delorean a$$ 100 years into the past