Almost Half of US Data Centers That Were Supposed to Open This Year Slated to Be Canceled or Delayed

https://reddthat.com/post/63072883

Almost Half of US Data Centers That Were Supposed to Open This Year Slated to Be Canceled or Delayed - Reddthat

Lemmy

Ok, so they bought billions of dollars of ram/storage, to put inside servers that haven’t been bought yet, to put inside data centers that haven’t been built yet, in order to run AI that doesn’t work yet, in order to chase profits that are impossible to achieve.

And now, despite driving ram prices up to absurd prices, you’ve begun to realize the same thing all of us knew from before day one. NOBODY WANTS THIS SHIT!!!

None of that RAM (or the GPUs) have been purchased. All that is just letters of intent or even flimsier agreements, there’s no contracts or actual money changing hands.
the good news for RAM prices is when OpenAI makes money by either reselling “contracts”, or cancelling/getting cancelled their letters of intent to make ddr5 instead,
We’d hope but you just know they’ll try and rob us blind still somehow. Intelligence is second from the bottom to these people.