OpenAI Partners Amass $100B Debt Pile to Fund Its Ambitions

https://www.ft.com/content/5605d086-289e-4b5f-803b-4c13666976a5

by skx001 • 8 months ago

6 5 8 months ago

skx001• 8 months ago

cjbenedikt2• 8 months ago

"Building AI infrastructure is the single most important thing we can do to meet surging global demand . . " Interesting. Nobody was prepared to spend billions on renewable energy infrastructure though - which might actually save the planet. But, hey, what do I know.

jiggawatts• 8 months ago

Nobody was prepared to spend billions...

I get the sentiment, but actually... billions are being spent on renewables, especially by China.

Here in Australia retail electricity will become unmetered during the peak daylight hours starting next year because we've built out so much solar that wholesale prices are starting to dip into negative territory.

cjbenedikt2• 8 months ago

Agreed. However, haven't seen similar investment numbers coming from industry or VC players. Maybe I missed it...

ungreased0675• 8 months ago

It’s very important that the government allows the AI market to crash, so that important lessons may be learned about resilience.

OpenAI Partners Amass $100B Debt Pile to Fund Its Ambitions

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