• ano_ba_to@sopuli.xyz
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      13 hours ago

      Have they paid off the 70 billion? If they are making money, why are they firing people and cancelling projects?

      • ampersandrew@lemmy.world
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        9 hours ago

        Depending on how you do accounting, they may or may not have paid off the $70B. They’re firing people and cancelling projects, according to reporting, because they want to free up $80B of capital across the organization to invest in AI. Whatever money these other sectors are making, the money AI could make is seen as being way higher.