Gabriele SveltoI have never seen a graph explain more clearly what's going and why it's completely unsustainable (and this is just cash-flow, it doesn't take into account the rapidly climbing debt!).
domi@gabrielesvelto
The debt thing is not true for all mag7 or wannabe ai players tho
(Edit: to be clear, consensus seems to be that spacexai is a scam/rugpull, while openai and cohorts are junk, financially speaking. Antropic had one good massive earning, dubious how the next one will go. The mag7s are massively exposed to this but at least they are burning cash they actually earn and have)
@domi well there's the problem introduced by special purpose vehicles. Some of the mag7 are spinning up companies whose only purpose is to hold debt so it doesn't show up on their balance sheet. That makes it complicated to figure out just how much they are exposed.
@gabrielesvelto
Ah so thats how they do it, thanks for that info, that is interesting.
Ah so thats how they do it, thanks for that info, that is interesting.