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I'm sure the tariffs don't help, but might the fact that they're asking for Half A Trillion United States Dollars also have something to do with it? They alread
by jsheard 1y ago
I'm sure the tariffs don't help, but might the fact that they're asking for Half A Trillion United States Dollars also have something to do with it? They already had one of the biggest funding rounds in history and that was an order of magnitude smaller than this, now we're talking about capital on the scale of upper-end national GDPs for a company which still isn't profitable and has no real moat to speak of. They may as well cut to the chase and ask for all of the money in the world.
- spiderfarmer 1y agoDeepseek was one nail in the coffin. The tariffs the second. More will follow.
- tccuuchffhfu 1y ago[dead]
- captainclam 1y agoTo be clear, I'm pretty sure the half-trillion figure is the projected combined investment between SoftBank, OpenAI, Oracle, and MGX. Not public, US tax-payer dollars. If that's not what you meant my apologies. Reason I'm quick to point this out is I think some of the writing/headlines around are suggestive of this misconception.
- mvdtnz 1y agoNo one said anything about taxpayer dollars in this thread until you.
- tim333 1y ago>They may as well cut to the chase and ask for all of the money in the world Sam Altman was going around the middle east last year seeing if he could get $7tn. I'm a believer in AI but I don't think giving all the money to Altman is the way to do it.