And why are Google, Meta, Microsoft and other trillion$+ companies issuing new debt?
Because they’ve all burned through free cash on compute. #AIisAGrift
Edit: issuing new equity/shares, not bonds. We regret the error.
And why are Google, Meta, Microsoft and other trillion$+ companies issuing new debt?
Because they’ve all burned through free cash on compute. #AIisAGrift
Edit: issuing new equity/shares, not bonds. We regret the error.