Some of the spike is speculation, and the overshoot seems to be correcting itself now. But the deal that sparked it was a contract promising to buy future capacity, not just doing a big block order for a bunch of stock 'in case' (which isn't unusual: if you're a big buyer, you will almost certainly buy most things this way).

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Ekaros a day ago | parent | next [-]

Sounds like market manipulation to me... But I suppose that is not punished...

	▲	halJordan a day ago \| parent [-]
		That's because you're not paying attention to the wider world. Every inference provider has been maxed out for years now. Nvidia switched from mainly selling training servers to inference servers two years ago? People complain about the llm's hallucination, but humans making up conspiracies to shore up their own ignorance is a much worse problem

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Fr0styMatt88 a day ago | parent | prev [-]

It seems like it wasn’t really a binding contract? At least the OpenAI one, some are saying it was more a letter of intent kind of thing?