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Google is now sitting on a pile of nearly $100 billion in cash and half a trillion dollars in total assets. No deep thoughts on what this means, just general a
by decimalenough 2y ago
Google is now sitting on a pile of nearly $100 billion in cash and half a trillion dollars in total assets.
No deep thoughts on what this means, just general astonishment at how big megacorps are today. Remember, these figures are not fuzzy notional "market cap" or something, but cold hard cash for the first and real world assets that could be sold off and turned into cold hard cash for the second.
- xnx 2y ago> half a trillion dollars in total assets No doubt that's a huge number. Google's TPUs, GPUs, and other tech hardware probably has a pretty short usable life where it doesn't make financials sense (in terms of powering it and cooling it) to use it at all after a few years.
- bobxmax 2y agoI wonder if they'll go on an acquisition spree (which they previewed with Character AI). There are so many strong AI labs right now ripe for the picking.
- azemetre 2y agoThey say the best time is usually before the Federal government wants your head, now is a good time as any I suppose.