The Market Ticker - 'I Know Its Gonna Blow!'
Seriously folks, the OpenAI “investment” into AMD is arguably the most-ridiculous example of this I’ve ever seen.
OpenAI has never made a single nickel in net profit. Not one. They are, thus far, nothing more than a circular money-funneling machine taking “investments” from various places and spending it — or worse, committing to do so at a scale they cannot actually fund in the present tense.
The latest “grab” is from NVidia and then this announcement comes that they’re buying up warrants in AMD, and are going to put up a data center rated not in compute output but in power consumption all…….
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Source: https://market-ticker.org/akcs-www?post=254178
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