Alphane Moon@lemmy.world to Technology@lemmy.worldEnglish · 1 day agoMicrosoft seemingly just revealed that OpenAI lost $11.5B last quarterwww.theregister.comexternal-linkmessage-square237fedilinkarrow-up1913arrow-down15
arrow-up1908arrow-down1external-linkMicrosoft seemingly just revealed that OpenAI lost $11.5B last quarterwww.theregister.comAlphane Moon@lemmy.world to Technology@lemmy.worldEnglish · 1 day agomessage-square237fedilink
minus-squareartyom@piefed.sociallinkfedilinkEnglisharrow-up2·1 day ago this was only possible due to the financial engineering that made lending to these folks posivle There was no “financial engineering”. It was just fraud. look at home price values in the sunbelt in 05 vs 2009. TF are you talking about there wasn’t a bubble “Bubble” does not mean “prices go up and then back down again”.
There was no “financial engineering”. It was just fraud.
“Bubble” does not mean “prices go up and then back down again”.