Am I the only one that finds it ironic that Anthropic and OpenAI are whining about the Chinese stealing their IP and then massively undercutting them on price, when they themselves have stolen everything to train their models?
And this (as mentioned previously) …. Alphabet’s ($GOOGL) free cash flow is negative for first time ever, and they are supposed to take CAPEX up? And Alphabet is in better shape then most of them. All the off-balance sheet stuff. Meta ($META) seems to be the worst and they are nowhere in AI — seems like all that money is going to be about as well spent as the Metaverse:
🦔Alphabet beat on every headline number tonight. Revenue up 24%. Cloud up 82%. EPS of $9.11. But $6.26 of that EPS came from paper gains on Alphabet's Anthropic stake, not from operations. Strip that out and operating EPS is about $2.85. Free cash flow went negative for the… pic.twitter.com/OoSpvrIuUB
🦔A Nikkei investigation found that Alphabet, Microsoft, Amazon, Meta, and Oracle have $1.65 trillion in debt that doesn't appear on their balance sheets, more than the $1.35 trillion they officially report. These are GPU contracts, data center leases, and joint ventures that… pic.twitter.com/QbkzlenQAv
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