• ano_ba_to@sopuli.xyz
    link
    fedilink
    English
    arrow-up
    2
    ·
    14 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
      link
      fedilink
      English
      arrow-up
      1
      ·
      10 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.