> while us labs raise the price , that's a sign of confidence

Regardless of what others are doing, US labs here are just rushing to IPO. It's NOT a sign of confidence.

It's the equivalent of saying you have confidence in SpaceX making revenue by renting out their data center (instead of their AI making bank).

▲

maxdo an hour ago | parent [-]

going to IPO is a sign of confidence , you need to report a lot of things, that private companies don't. This is an exact reason chinese labs do not rush to go public. They wish to go , but money flow that is not as good.

On the same note. if spacex is doing datacenters on earth successfully what's wrong with that? They rented cloud infra to a #2 or #3 provider in the world after < 2 years in business. It's a success, no?

	▲	maxdo 33 minutes ago \| parent \| next [-]
		running so much compute on the scale is not a junior task. weird analogy
	▲	re-thc 39 minutes ago \| parent \| prev [-]
		> if spacex is doing datacenters on earth successfully what's wrong with that? They rented cloud infra to a #2 or #3 provider in the world after < 2 years in business. It's a success, no? If you get hired as a staff engineer and do the work of a junior, what's wrong with that? Clearly xAI (now part of spaceX) did not raise funds to be a data center. The margins are way different. There are plenty of recent IPOs in that area that are worth at most billions not trillions. > going to IPO is a sign of confidence , you need to report a lot of things, that private companies don't. This isn't going to IPO. This is rushing to IPO. It is a sign of confidence that the market or wider environment might crash soon so we need the liquidity now. > This is an exact reason chinese labs do not rush to go public. Maybe or maybe not. If you are referring to Chinese labs - both the Hong Kong and China stock market are way weaker than Nasdaq. It's not comparable. Check all the recent Hong Kong IPOs that have tanked. So no, reason not to might just be: no money in it.