It's not longer enough to buy some GPUs, it's now de rigueur to get the investment bankers involved...
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Is it horrible to say that Meta buying 10% of AMD is the closest they’ve been to having a product that anyone cared about in a long time

LiveLM
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I suppose the Meta Quest headsets are still very well liked.
They can’t make people use their dogshit VRChat clone no matter what but the hardware itself is fine.

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infinite energy

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My previous IT director used to work for the state, and had to fly across the state last minute because the server that had been set up wouldn’t power on. The people there swore up and down everything was connected properly. And confirmed it was plugged into the wall.

He walked in, unplugged the power strip from itself, and plugged it into the wall.

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Big tech rn

Scratch
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Problem, investors?

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If it isn’t already and by design, this whole AI thing is going to end up being essentially a ponzi scheme.

StinkyFingerItchyBum
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It’s a crazy risk to have all these circular investments in each other. It sounds awfully close to round-trip/circular investment fraud.

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Indeed, I personally think the purpose is to tie AI so tightly and interwoven into these huge, important companies, when the bubble pops, it’ll take down the entire US tech stack… Unless the US govt bails out all of them!

Kindness is Punk
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10% stake in AMD? What am I going to do now? Move to RISC-V?

Phoenixz
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Yes

I’m currently AMD only (you have to be a real idiot to still use Intel at this point) but if Facebook gets it’s grubby hands on AMD hardware, I’m out.

Yay for RISK-V, I guess

yeehaw
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But muh games… and valve hardware…

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That’s what I was thinking. Meta is poison.

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Oh shit. They really signed a deal to get 10 percent of AMD? Dammit! Now what will I buy? And time to sell their stock. fuck everything about this.

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Yup sold that stock 2 weeks ago. I will not support a company that helps Meta or is partially owned by Meta.

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Fun fact companies worse than meta regularly buy and sell shares and options in pretty much everything

Sunspear
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Blackrock goes brrr

mrmaplebar
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Wow that is fucking trash.

rogsson
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Have they collectively lost their minds? This is like buying a bucket of lava while swimming in a volcano kind of stupid

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Rewatch The Big Short. The stupidity of US finance guys is legend.

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