775
Banks are now trying to offload the AI data center debt they just underwrote
(startupfortune.com)
this post was submitted on 14 Oct 2026
775 points (99.0% liked)
Technology
88823 readers
3858 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's fairly clear that the big ai companies are trying to get some form of general artificial intelligence because that's basically a pot of infinite money, if they find it the rest of the economy is fucked and they skyrocket in value if they don't find it the rest of the economy is fucked from debit and they go belly up.
It sounds like a couple of billionaires are staking their fortunes on a dice roll because the world bores them and fuck everyone else. Right?
Edit: I meant a couple, two three billionaires.
right now they are trying t get governments to buy into slop for AI surveillance purposes.