5 ms·
I though Claude is too woke. Musk has posted that at least 50 times in the last year. But booking outrageous rental fees as fake AI revenue ahead of the SpaceX
by fasbg1 5mo ago
I though Claude is too woke. Musk has posted that at least 50 times in the last year.
But booking outrageous rental fees as fake AI revenue ahead of the SpaceX IPO apparently takes precedence.
- tmp10423288442 5mo agoThe eternal truth: money talks, bullshit walks
- thelastgallon 5mo agoMusk will buy Anthropic and fix the wokeness. It was done before.
- 0xy 5mo agoAnthropic is paying real cash, how is it fake revenue?
- 123aad 5mo agoFake __AI__ revenue. Maybe Hetzner should build Colossus4, rent it out and book it as AI revenue instead of hardware rental revenue and get a P/E of 100.
- tptacek 5mo agoIf Hetzner could build that, they would.
- nikcub 5mo agoAnthropic this quarter will have revenue of $10.9B, up from $4.8B last quarter[0]. They're paying SpaceX $1.25B per month for compute[1] - which is more than what SpaceX earn on space. SpaceX spent about $30-40B in capex on Colossus 1 & 2. This is all real revenue, real spend, real usage. Hetzner just aren't at this scale. Not even close. If they wanted to get into this business - first, they're late. Second, it's at a scale of ~10x of their total lifetime datacenter buildout. Third, they'd need to change their business to being one that is debt fronted. xAI have proven out that being able to deploy compute is a very viable business (and difficult to pull off) At some point AI cynicism clashes with reality, it must be exhausting maintaining it. [0] https://www.wsj.com/tech/ai/mind-blowing-growth-is-about-to-propel-anthropic-into-its-first-profitable-quarter-7edbf2f4 https://www.wsj.com/tech/ai/mind-blowing-growth-is-about-to-... [1] https://www.wired.com/story/spacex-ipo-anthropic-compute-finances-risks/ https://www.wired.com/story/spacex-ipo-anthropic-compute-fin...
- er1276 5mo agoJesus Christ, the Hetzner example is obviously an example of booking revenue as AI revenue (where investors assume it is generated by Grok subscriptions) vs. hardware rental revenue, which traditionally not valued as highly. Nowhere does the hypothetical state that Hetzner, an example for hardware rental, has the funding or the capabilities to execute the sarcastic example. But ok, now hardware rentals have a P/E of 100 or more.
- jgalt212 5mo agoI think you're low at 100. TSLA has 370 PE, and SpaceX is targeting 250+.
- gdhkgdhkvff 5mo agoInvestors aren’t dumb. These numbers are being reported and the fact that the data centers are being rented out is publicly disclosed everywhere. Investors know full well that the revenue is from the data center rental. No (non-retail) investor is going to see the jump in revenue and think “I better buy up because grok must be kicking ass!” And yes, if hetzner built a massive AI hyper scale datacenter and rented it out for billions, with the expectation that they would keep building more, they would also see massive PE ratios because it’s expected that their revenue would be going up.
- Rover222 5mo agoHe talked with the Anthropic team, and his concerns lessened. It's actually a good thing to be able to change one's mind.
- SilverElfin 5mo agoYou’re falling for the Musk shell game. He just says whatever is convenient at any given moment. FSD. Funding secured. I talked to the Claude guys. He didn’t change his mind about anything. It’s just that he wants to prop up SpaceX’s IPO as much as he can. Plus if he hits various targets, he unlocks more shares for himself, I think.
- Rover222 5mo agoKeep drinking the kool aid
- energy123 5mo agoHe posted that AI will kill everyone, then stopped when he started his own AI company. He tried to steal the OpenAI charity, then started complaining about someone else stealing the OpenAI charity after he failed. He attacks European democracies about free speech, but is a compliant little censor for Turkey, India and other non-European countries.