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Whoa, just caught wind of this - that AI giant everyone's been hyping? Staring down a $140B hole before they see their first dollar of actual profit.
Let that sink in for a second. We're talking about losses that dwarf most countries' GDP, and they haven't even hit breakeven yet. Makes you wonder about the sustainability of these mega-cap tech plays everyone's been pouring money into.
The burn rate on these AI operations is absolutely wild. Between compute costs, talent wars, and infrastructure buildout, the path to profitability looks more like climbing Everest than walking up a hill.
Anyone else thinking this could ripple through tech valuations more broadly? When the poster child of the AI boom is hemorrhaging cash at this scale, might be time to reassess what 'growth at all costs' really costs.