223
Nvidia and OpenAI abandon unfinished $100-billion deal in favour of $30-billion investment
(financialpost.com)
this post was submitted on 20 Feb 2026
223 points (98.3% liked)
Technology
81709 readers
3433 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The problem is every CEO knows it's a bubble, and all are just trying to kick the can down the road long enough they can get out with their money before it bursts.
Everyone knows it's going to happen. But to admit it would be career suicide, with the amount of money at stake for so many people, it might legit cost them their lives if they're honest.
Trillions and trillions of dollars that could disappear in the blink of an eye when stock prices hit zero.
And when the big ones go to zero, there's a very good chance it crashes everything because a few megacorps own everything.
Ironically the real apocalypse AI is likely to cause, is some kind of Mad Max situation after the bubble bursts. Especially in America where necessary infrastructure like food supply is run by private mega corps, if grocery stores are empty for two weeks shit gets insane quick.
which is why a functioning government should keep this thinly veiled casino in check... but they are not and we will all pay for it
Silver lining: it's gonna get bad enough we can start nationalizing shit as early as 2029 like FDR did after the great depression.
If a candidate said:
Fucking 99.99% of voters would listen to anything else they had to say.
There's so many things that need fixed that everyone agrees on, we just haven't had a candidate free of corporate influence.
But the next Dem primary is a better shot than we've ever had. We just need to make sure as many people as possible vote in the primary.
I dont really want to nationalize anything for the next Trump to be in charge of
So leave it with the oligarchs who are actively brining trump to make it worse?
What the fuck kind of learned helplessness is this?
Like, fucking newsflash man:
This is a continual fight, and boomers acting like it wasn't is why shit is like it is today. No matter what happens this fight never stops
There are in fact othet options besides oligrarchs/capitalists and the state.
A lot of the electrical grid is actually cooperativly owned. A majority of coverage actually.
Sure, if you care about miles of wire and not customers, it sounds huge...
But anyone who hears that should be able to quickly figure out why it's not relevant
By pop its about a third of the country. Though for this discussion, it kind of doesnt fucking matter. You could make it 100%, and give neither the fascist state or the oligarchs control.