Show newer
h4890 boosted

"Hidden debt at U.S. tech giants swelled eightfold in roughly four years to an estimated $1.65 trillion as artificial intelligence investments ballooned, a Nikkei study shows, exceeding actual debt and making it tougher for investors to assess risk.

Nikkei examined recent financial statements and other materials from Google owner Alphabet, Microsoft, Amazon, Meta and Oracle. The four companies aside from Oracle are scheduled to announce their second quarter earnings from Wednesday, meaning the figures may increase further.

The five companies' hidden debt, which does not appear on balance sheets, totaled $1.65 trillion in the most recent quarter, exceeding the roughly $1.35 trillion in debt reflected on their balance sheets. The data includes some estimates.

Meta's off-balance-sheet debt is particularly high at about $420 billion, nearly triple its recorded debt.

These companies are rapidly bolstering their data centers and other computing resources to power AI development, and are entering into long-term purchase agreements for graphics processing units (GPUs) and servers.

Constructing data centers requires investment in the billions or even tens of billions of dollars."

asia.nikkei.com/business/techn

#AI #GenerativeAI #Meta #Oracle #BigTech #DataCenters #GPUs

h4890 boosted
Senator Bernie Moreno (R-OH):

"Here I am sitting in front of you six years later, saying: Who the FUCK do you think you were to do that?"

"It is a total disgrace what you did to this country."

About time someone told Fauci off like this.
@kylenabecker https://www.minds.com/newsfeed/1929323534375460864

Äntligen! Nytt personbästa på abborre, 0.7 kg, vilket kanske låter lite, men inte i mina mörka insjöar. Där är det en jätte!

Som jag har jobbat under sommaren. Testat nya sjöar, nya ställen, jagat genom djungler på jakt efter nya fiskeställen o.s.v.

Och var tar den?

Så klart när jag fiskar från bryggan på badplatsen!

Ödets ironi!

Nåja, imorgon blir det stekt abborre till middag! =)

Den fångades 21:00, på mete med räka med sink n' draw metoden.

h4890 boosted

You will hear the truth if there is free speech.

h4890 boosted

My Star Trek-ified fork of the repo can be found here. It's quite close to behaving and sounding exactly like TNG, but you'll have to supply the right voice clone and chimes audio yourself ;)

github.com/troed/speech-to-spe

Show thread
h4890 boosted

@peteriskrisjanis @kibcol1049 Yep... make sure the public sector has all the money. That worked great for the soviet union and it will work great for the UK too! 😎 :AllahuAkbar:

h4890 boosted
h4890 boosted

I wonder if the recent homo attack in Berlin can be used to turn the homos and the left against moslems?

My enemys enemy kind of thing...

This would be excellent! Once the moslems are chased out of europe, then we can start with the homos and the left! :AllahuAkbar:

h4890 boosted
h4890 boosted
h4890 boosted

an interesting example of how black markets have reduced the size and power of the argentinian state.

So maybe agorism and anarcho-capitalism hand-in-hand, is the way to go?

Show thread

Good article on agorism vs anarcho-capitalism.

spreadgreatideas.org/contrasts

I think they can complement each other, but I do lean towards the view that participating in the political system, trying to change it from within, is doomed to failure.

Looking at the world today, I think only Argentina has managed to move a few inches towards libertarianism and the free society, but Miley will be gone one day, and the deep state will make sure that socialism will come back.

Argentina is also

h4890 boosted
h4890 boosted

What they mean by open borders

Picture of the entire world sorrounded by a giant cage with a lock and the lock has a picture of a Marxist Communist hammer and sickle on it

Screenshot from video at link

m.youtube.com/watch?v=XK3O5VzP

h4890 boosted

Open borders and free trade make countries more prosperous because they expand markets for exporters and lower costs for importers.

Firms can specialize, compete, and upgrade with better inputs and technology, which boosts productivity and wages. Capital also flows more easily when trade is predictable.

Closed borders like in North Korea restrict imports/exports, block technology transfer, shrink opportunities for business, and raise uncertainty and shortages. That mix suppresses growth.

h4890 boosted
h4890 boosted

@Bernard

I had this specific argument about immigration.
The obvious should be obvious.
These aliens pretend to be escaping some awful conditions.

They are awful and immediately return to supposed awful place.

They are renters with no security deposit.

h4890 boosted
Show older
Merovingian Club

A club for red-pilled exiles.