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OpenAI's AI spending spree has ballooned to $750B (techcrunch.com)
submitted 1 day ago by to c/fuck_ai@lemmy.world
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Crossposted from https://lemmy.today/post/57233941

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[–] 15 points 1 day ago (1 child)

The first salvo in OpenAI’s spending spree will be a $20 billion data center campus in Georgia known as Project Camellia.

What's a "data center campus"? Is that where young GPUs learn to waste energy?

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    • [–] 28 points 1 day ago (1 child)

    This bubble will make one hell of a pop.

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  • [–] 7 points 1 day ago

    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.

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