What is often framed as a race to develop smarter AI models is, in practice, a massive industrial expansion. Data centers require dense clusters of advanced chips,...
I wonder who will be the first CEO to start applying the “too big to fail” statement openly to their business.
I’m betting on OpenAI as they’re the ones with the most to lose. They have already been courting govt in investment heavily, including asking them to back loans up to nearly a trillion earlier this month, and an equity stake.
Literally the “most valuable companies in the world” asking for daddy taxpayer to lend then their credit card.
I wonder who will be the first CEO to start applying the “too big to fail” statement openly to their business.
I’m betting on OpenAI as they’re the ones with the most to lose. They have already been courting govt in investment heavily, including asking them to back loans up to nearly a trillion earlier this month, and an equity stake.
Literally the “most valuable companies in the world” asking for daddy taxpayer to lend then their credit card.