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posted in Technology

sanitation@sanitation@lemmy.today
⁨22⁩d

Five Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debt

www.yahoo.com/finance/technology/ai/articles/five-tech-giants-using-enron-184404206.html
Yahoo FinanceFive Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI DebtBig Tech hides $1.65 trillion in AI debt off its balance sheets - more than its total reported debt - using legal structures regulators still allow.
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Lydon_Feen@Lydon_Feen@lemmy.world
⁨22⁩d

Replying to @⁨sanitation@lemmy.today⁩

I’ve said it before, I’ll say it again…

The country which will win the AI race is the one who wastes the least amount of money on AI infrastructure.

The US will be the biggest loser in this “competition”.

⁨Jul⁩ ⁨24⁩, ⁨2026⁩, ⁨07:15⁩en
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explodicle@explodicle@sh.itjust.works
⁨21⁩d

Replying to @⁨Lydon_Feen@lemmy.world⁩

It’s going to be whichever country has the most human researchers.

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