this post was submitted on 20 Oct 2026
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[–] usernamesAreTricky@lemmy.ml 12 points 2 hours ago (1 children)

The full article isn't very long like a handful of paragraphs. TL;DR they lost $72 billion in Q3 despite revenue going up a lot. Same year same quarter was just $13 billion in net loss

[–] schipelblorp@sh.itjust.works 4 points 1 hour ago* (last edited 54 minutes ago) (1 children)

they lost $72 billion in Q3 despite revenue going up a lot.

Despite? More like because. If compute is subsidized, every extra compute adds to the loss.

[–] yes_this_time@lemmy.world 1 points 1 minute ago

72 billion was a paper loss. 8 billion loss is still a lot though!