#stockbubble — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #stockbubble, aggregated by home.social.
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A sure sign that AI is a bubble and will pop.
"Struggling Shoe Company Stock Rockets More Than 400% After Announcing Pivot To AI”, #HuffPost
"The company, now calling itself NewBird AI, said it intends to raise up to $50 million in funding, which it will then spend on 'high-performance, low-latency AI compute hardware' that it plans to lease to customers.
'NewBird AI expects to use initial capital from the Facility to acquire high-performance GPU assets, which will be deployed to serve customers requiring dedicated access to AI compute capacity,' the company said. 'NewBird AI’s long-term vision is to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider.’"
#AI #Economics #Business #Technology #StockMarket #AllBirds #StockBubble
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A sure sign that AI is a bubble and will pop.
"Struggling Shoe Company Stock Rockets More Than 400% After Announcing Pivot To AI”, #HuffPost
"The company, now calling itself NewBird AI, said it intends to raise up to $50 million in funding, which it will then spend on 'high-performance, low-latency AI compute hardware' that it plans to lease to customers.
'NewBird AI expects to use initial capital from the Facility to acquire high-performance GPU assets, which will be deployed to serve customers requiring dedicated access to AI compute capacity,' the company said. 'NewBird AI’s long-term vision is to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider.’"
#AI #Economics #Business #Technology #StockMarket #AllBirds #StockBubble
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A sure sign that AI is a bubble and will pop.
"Struggling Shoe Company Stock Rockets More Than 400% After Announcing Pivot To AI”, #HuffPost
"The company, now calling itself NewBird AI, said it intends to raise up to $50 million in funding, which it will then spend on 'high-performance, low-latency AI compute hardware' that it plans to lease to customers.
'NewBird AI expects to use initial capital from the Facility to acquire high-performance GPU assets, which will be deployed to serve customers requiring dedicated access to AI compute capacity,' the company said. 'NewBird AI’s long-term vision is to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider.’"
#AI #Economics #Business #Technology #StockMarket #AllBirds #StockBubble
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”The technical term for it is circle jerk, but in the end instead of everybody cumming the world runs out of fresh water.”
-Hazel Thayer -
Every time before a financial crash, the financial markets will seek popular middle-class investment for one last injection of cash into an overheated bubble.
I can see the same thing happening all over again today.
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Lose all your damn money you
never-caring
planet-burning
line-always-goes-up
human-creativity-stealing
bunch-of-goddam-motherfucking
LOSERS.