All these giant non-binding investment announcements are just a massive confidence scam.

aurareturn 4 hours ago | parent | next [-]

I don’t think so. I think it is positioning for the unknown future and hedging.

For example, Amazon isn’t able to train its own models so it hedges by investing in Anthropic and OpenAI. Oracle, same with OpenAI deal. Nvidia wants to stay in OpenAI and Anthropic’s tech stack.

It’s all jockeying for position.

	▲	DebtDeflation 2 hours ago \| parent [-]
		Oracle is a perfect example of using empty AI partnership announcements to goose the stock price and also a perfect example of how unsustainable of a strategy it is.

▲

rvz 11 hours ago | parent | prev | next [-]

We know that it is all a grift before the inevitable collapse, so everyone is racing for the exit before that happens.

I guarrantee you that in 10 years time, you will get claims of unethical conduct by those companies only after the mania has ended (and by then the claimants have sold all their RSUs.)

▲

Drunkfoowl 11 hours ago | parent | prev [-]

[dead]