2 ms·

Echoes of Enron-style accounting "tricks"...

• vasco 10mo ago
  Amazon gave away datacenter time share in exchange for stock in a startup. That has nothing to do with electricity futures and private credit revolvers.
  • BoorishBears 10mo ago
    They said echoes of the tricks.
    • vasco 10mo ago
      I've read thousands of pages of Enron history, this has nothing to do with it.
• stingraycharles 10mo ago
  Why does everybody keep insisting on this “Enron accounting” stuff. LLM companies need shitloads of compute for specialized use case. Cloud vendor wants to become a big player in selling compute for that specialized use case, and has compute available. Cloud provider gives credit to LLM provider in exchange for a part of the company. These are really normal business deals.