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lm28469 5 hours ago

> How does OpenAI gets 300B$ to pay Oracle

Easy, they just have to sell their overpriced vram chips (which haven't been manufactured yet), from their GPUs (which haven't been bought yet) which are in their data centers (the ones they're planning to build "soon"). It really isn't rocket science

hshdhdhj4444 5 hours ago | parent | next [-]

Or as OpenAI has been trial ballooning for months, the government bails them out.

burnte 41 minutes ago | parent | next [-]

Why would that happen? Extremely little will happen to the US economy if OAI fails. The government has absolutely no reason to bail them out beyond pure corruption.

OAI's most valuable assets are hardware that will be worthless in 6-8 years. The second most valuable assets are the code which other companies are doing just fine with their own. The third is the hype halo that keeps them getting these deals that are disconnected from reality. Nothing there is holding up the economy.

They only have 4,000 employees. If they all lost their jobs, it would barely be a blip in a monthly jobs report. It's not as though millions of people will lose their jobs disrupting the economy like COVID.

The only downside is some imaginary money vanishes and some investors take a haircut on the imaginary money.

overfeed 15 minutes ago | parent | next [-]

> Why would that happen

"National Security", and the usual fluff about "ensuring that the United States remains at the forefront of cutting-edge AI technology". "Adversaries" will almost certainly be mentioned, "China" specifically has a 50% chance to be name-dropped.

kjkjadksj 8 minutes ago | parent | prev [-]

You are speaking like the president is a rational adult who believes in meritocracy

mnky9800n 5 hours ago | parent | prev | next [-]

This reminds me when F22s blasted Chinese balloons out of the sky.

giancarlostoro an hour ago | parent [-]

Reminds me of when we sent balloons into Russian Airspace to see how many we could get back on the other end, in the 1950s.

https://en.wikipedia.org/wiki/Project_Genetrix

hagbarth 4 hours ago | parent | prev | next [-]

I have no idea why they would do that. Outside blatant corruption, which we shouldn't discount.

SecretDreams 4 hours ago | parent [-]

> Outside blatant corruption

Are we acting like this is a low probability outcome?

carlkarlcarol 2 hours ago | parent [-]

[dead]

GolfPopper 4 hours ago | parent | prev [-]

Do they have enough liquidity to bribe Trump to do that?

exe34 an hour ago | parent | next [-]

Tax payer bails them out, he gets his cut. The maths checks out.

whizzter 3 hours ago | parent | prev [-]

I think most bribes to Trump appear after the fact so no issues there (he does have plenty of enforcers to make sure he collects the bribes).

__patchbit__ 5 hours ago | parent | prev | next [-]

Reallocate the $70 billion split difference to orbital station AI datacenters and Moon mass driver launched life cycle renewal equipment resupplies.

rvnx 5 hours ago | parent [-]

Good point, let's all invest in the SpaceX.ai IPO

pawelduda 5 hours ago | parent | prev [-]

Maybe they could sell the RAM reserves they've been hoarding

Aerroon 5 hours ago | parent | next [-]

Can they? The articles said that they bought wafers, not finished RAM. Is there interest in buying something like that?

jimnotgym 5 hours ago | parent [-]

They could sell them, but not at the price they bought them for!

bandrami 5 hours ago | parent | prev [-]

They would have to actually get fabricated first