#stupidamountsofmoney — Public Fediverse posts

Bay Area Local News Matters: Billionaire blitz: Silicon Valley elites funnel millions into key California political contests. “FROM A WIDE-OPEN GOVERNOR’S RACE to a bitter congressional contest, Santa Clara County has emerged as a key battleground in the tech industry’s bid to control California politics — and shield billionaires from a wealth tax.”

Business Insider: Alphabet CEO could earn up to $692M under a new pay package linked to Waymo. “In an SEC filing posted on Friday, the company awarded CEO Sundar Pichai a three-year equity cycle that could be worth up to $692 million if the CEO meets the board’s performance targets.”

Gizmodo: Crypto.com Founder Buys AI.com in ‘Largest Domain Purchase in History’. “The founder of Crypto.com is tackling AI next, and he spared no expense. Crypto.com co-founder and CEO Kris Marszalek has launched a new AI agent platform under the brand AI.com, a domain he reportedly purchased for $70 million.”

Futurism: Tech Companies Showing Signs of Distress as They Run Out of Money for AI Infrastructure. “AI companies have accrued at least $200 billion in debt, per [Bloomberg]. A more realistic figure is likely considerably higher, as that estimate doesn’t count undisclosed private deals.”

CNBC: Data center deals hit record $61 billion in 2025 amid construction frenzy. “Global stocks sold off in November as worries of an AI-fueled bubble persisted. But S&P Global reported that more than $61 billion has flowed into the data center market this year, up slightly from $60.8 billion last year, amid what it called a ‘global construction frenzy.'”

Tubefilter: Netflix is leaning on YouTube to defend its Warner Bros. acquisition. “YouTube has quite suddenly become a key player in Netflix‘s plans to acquire Warner Bros. Discovery. The streamer announced last week that it would get a Hollywood level-up by purchasing Warner Bros. Discovery’s studio and streaming assets in a deal valued at $82.7 billion (aka $27.75 per share). That deal […]

https://rbfirehose.com/2025/12/12/tubefilter-netflix-is-leaning-on-youtube-to-defend-its-warner-bros-acquisition/

Tom’s Hardware: IBM CEO warns that ongoing trillion-dollar AI data center buildout is unsustainable — says there is ‘no way’ that infrastructure costs can turn a profit . “IBM CEO Arvind Krishna used an appearance on The Verge’s Decoder podcast to question whether the capital spending now underway in pursuit of AGI can ever pay for itself. Krishna said today’s figures for constructing and […]

https://rbfirehose.com/2025/12/07/toms-hardware-ibm-ceo-warns-that-ongoing-trillion-dollar-ai-data-center-buildout-is-unsustainable-says-there-is-no-way-that-infrastructure-costs-can-turn-a-profit/

Engadget: Google wants $250 (!) per month for its new AI Ultra plan. “Google has just announced a new $250 per month AI Ultra plan for people who want unlimited access to its most advanced machine learning features. Yes, you read that right. It means the new subscription is $50 more expensive than the already pricey ChatGPT Pro and Claude Max plans from OpenAI and Anthropic.”

https://rbfirehose.com/2025/05/25/engadget-google-wants-250-per-month-for-its-new-ai-ultra-plan/

Tubefilter: MrBeast seeks funding at $5 billion valuation. “MrBeast wants to expand a holding company that encompasses all of the initiatives he has launched since erupting to YouTube fame, and he plans to fund that restructuring through a massive investment. According to Bloomberg, Jimmy Donaldson has spoken to several financial firms about a possible funding round that would value […]

https://rbfirehose.com/2025/03/01/tubefilter-mrbeast-seeks-funding-at-5-billion-valuation/