Crossposted from https://lemmy.today/post/57233941
OpenAI's AI spending spree has ballooned to $750B
https://techcrunch.com/2026/07/22/openais-ai-spending-spree-has-ballooned-to-750b/
https://techcrunch.com/2026/07/22/openais-ai-spending-spree-has-ballooned-to-750b/
Crossposted from https://lemmy.today/post/57233941
4 Comments
ExtremeDullard@piefed.social · 29 pts · 18d
This bubble will make one hell of a pop.
chaogomu@lemmy.world · 9 pts · 18d
My prediction is by the end of the year.
Oil is soon to spike due to the Strategic Reserves being emptied. That will spike energy prices.
Then you have daily stories of companies learning that AI is more expensive than the employees they just fired. (And less capable)
Oracle just fired 20k employees.
And Spacex stock is tanking.
All taken together, this nightmare might finally be lifting.
RedstoneValley@sh.itjust.works · 15 pts · 18d
What's a "data center campus"? Is that where young GPUs learn to waste energy?
obviouspornalt@fedinsfw.app · 8 pts · 18d
data centers so big that they're spread into multiple large buildings are a campus.