JustDario@DarioCpxWoah, CME halts futures trading for the whole night and only resumes at the exact moment banks borrow 24.4bn$ of liquidity from the FED standing repo on a half day trading - no month end Friday?! Too many coincidences piling up here………Opens with an observation
JustDario@DarioCpxThe news just broke that SoftBank could not secure a 6bn$ vs its OpenAI shares Let me tell you a thing: if you cannot secure a 6bn$ loan against collateral you claim is worth ~100bn$, then the latter isn't worth ~100bn$. In this case, it might be worth not much more than 6bn$.Opens with an observation
JustDario@DarioCpxTold ya…. So, Chinese government is forbidding ByteDance to deploy the Nvidia GPUs they purchased According to my sources plans are in place to replace all Nvidia GPUs from country data centres and company are already strictly forbidden from taking data abroad to train modelsOpens with an observation
JustDario@DarioCpxUnless the SEC abolishes the requirement to Audit the financials and file a comprehensive S-1 ahead of an IPO, there are no chances either OpenAI or Anthropic can even go IPO because their numbers will reveal to the broad myopic public they are literally a slaughterhouse of cashOpens with an observation
JustDario@DarioCpxIn other words: OpenAI core products fell far behind competitors across the board and the company is now desperately trying to catch up because its real, non circular-financed fabricated, revenues are falling off a cliffOpens with an observation
JustDario@DarioCpxSigning a LOI with OpenAI is truly like adding “.com” at the end of a company name during the DotCom bubble - such a carousel of zero value nonsense, but hey! $WMT stock gaps up and opens green while the broader market is bright red so I guess it counts the trick worked outOpens with an observation