>Google literally cannibalizing itself to fund AI buildoutsIs this the canary in the coal mine?https://www.cnbc.com/2026/06/01/alphabet-to-raise-80-billion-from-stock-sales-to-fund-ai-buildout.html
pls go bankrupt pls go bankrupt pls go bankrupt pls go bankrupt pls go bankrupt
how can $80 billion, let alone 80 billion of anything, even existthis is truly clown world
>>108971384Business idiots make the investment decisions and working stiffs put their investments in index funds. The market is completely irrational.
>>108971340Kodak invented digital photography, and got killed by it.Google(rs) invented the basics of LLMs/AIslops, and will be killed by it.These behemoths cannot adapt.Simple as.
selling stocks to raise funding is not cannabalizing itself lmao that's what stocks are for.
>>108971364They'd just get a taxpayer-funded bailout.
>>108971384Frankly if you're harboring this kind of covert antisemitism, I'd like you to leave the board
>>108971384>Technology "professional" with a computer science degree making $500k a year doesn't know all money is just debt that governments and corporations borrow/lend to each other
>>108971340they run an LLM query for basically every search now, that's gotta cost a fortune
>>108972974why do companies piss away $100k in tokens to query shit then
>>108971384Money isn’t real. Its a thing humans invented. They literally made it up.
>>108971384you have thirty something trillion cells in your body. 80 billion would be like one kidney
Please God let AI be the downfall of Google. It would be SO funny.
luddite bread, 2 more weeks
>>108971384They print whatever the hell they want and make everyone else poorer in the process
>>108974516>he thinks they even bother printing itit's just a number on the computer. the federal reserve itself couldn't come up with 80 billion worth of bills
>>108972109
>stock offers bad>stock buybacks bad
>>108971340Gemini is such a stuck up fag I hope the entire company goes bankrupt
>>108971384https://www.youtube.com/watch?v=fregObNcHC8
>>108976341Stock buybacks are a scam to pretend the company value is going up when the market doesn't value it by buying to increase the price, essentially. It bypasses market pricing, which is why it's bad.Stock offers in and of themselves are not necessarily bad, it's a standard mechanism to get more money so you can fund activities, and it is subject to market demand, i.e. if the market doesn't value your stock above the ask price you won't be able to sell the stock you offer. So it is at least sound and not a scam. However in this context it's a bad thing because google should not have empty coffers. Historically google has had more money than they knew what to do with which is why they did stock buybacks to quickly ramp up stock price. If they now need to do stock offers, then 1) they're no longer doing buybacks, so price will slump down to what the market believes it's worth rather than the made up price kept up only by buybacks. In fact, it will go lower than that on the expectation that buybacks will not come back for a while. 2) the stock will dilute because more shares will be on the market than before. 3) it signals they ran through all their normal surplus fund, despite mass layoffs and no AI-specific hiring [I will also note that none of the AI companies have hired any AI researchers that know LLMs or deep learning, they only hired big names to try and make a splash, which is a very different story -- e.g. hiring alex graves vs hiring lecun are different hiring theories altogether]. So this means that they objectively can't sustain current spend, yet they are not betting on talent or workforce to break through their bottleneck, only bruteforce, despite already having some of the best available and not being able to keep up. To me, that doesn't seem like a valid strategy for google.
>>108971340>Is this the canary in the coal mine?your contention is that AI is over because google believes in it strongly enough to raise 80 billion dollars to build it out even faster?
