Much less debt and financial “engineering” in China, and much lower borrowing costs.

Sure there is scarcity in accessing Nvidia supply. Consumer GPU pricing is based on them not making any. There is abundance of GPU time available for training that explains the fast pace of new model version releases. Fast model releases also juice inference revenue as shinny new models get investigated, until next week something better comes along. The bottom line is that burning money on GPUs has plenty of GPUs available to burn it on. Labs would be releasing slower if there wasn’t.

Coreweave makes long term revenue deals before building anything, but they charge too little. They are forced to accept whatever price hikes Nvidia tells them to pay, and are running out of cash in next 2 months, with borrowing rates over 15% to get more cash. In last quarter, their average interest rate was over 8%, and even if they used a 10 year depreciation schedule, they would still have lost money.

When hourly GPU rental prices go up, coreweave doesn’t make more money. They have tiny spot inventory. It is also a lie that there is gpu shortages, because if there were, there wouldn’t be such rapid model releases. NVidia GPUs are only competitive at training, but if there were any genuine scarcity, new models would come out slower so that inference/revenue making could be prioritized.

End of natural financing availability seems certain to collapse the sector, and a more cannibalistic attitude in finance can reset the industry into more concentrated ownership, while also eliminating rational financing appetite. Aggression by META and SPCX should cutoff hyperscaler circular financing that would assist their ambitions to surpass them, or diminish their other circular investments.

Still, a global zionist supremacist establishment needs to preserve itself with robocops. $30b from UAE, and feeding Musk’s electoral spending is “bailout mentality” that most of congress will still want to protect. US military buying Spacex/Meta compute rental is the simplest bailout mechanic. So, rampocalypse hell will continue until morale improves, will have full establishment backing.

Definitely massive risk. They are giving away about $200-$400/week user credits for their Muse agent. Hardly anyone would need more than that, but it requires giving them credit card info. Massive competition being released in this personal agent space, just a few weeks after their rollout.

SpaceX is going even more nuts. Musk is a fraud supported by Zionist first political rule over US with support for his fraud, but 1.3gw of “spec” datacenters comming online in next 3 months is 5x the hourly gpu rental inventory in the US. BS goal about 10gw extra in 2027 is still gross overspending that makes everyone else go bankrupt from Nvidia price hikes. Grok and Cursor revenue combined still under $1b (last quarter). Zionazi circular financing for GOP corruption will starve rest of industry from access to capital.

IPOs are failing everywhere. UAE being forced geopolitically to bail out OpenAI with $30b, because they are out of cash. Coreweave needs $2b cash just to make it to end of year, but no one will give it to them. SpaceX in similar cash burn rate.

SpaceX and Meta are both building to just rent GPUs to desperate labs without firm contracts. All labs have separate plans. Coreweave gives massive discounts that force structural losses before impossible interest costs, and Nvidia’s power to charge whatever it wants for delivery. Collapse is very near.

There is a genuine “training corpus” that is an accumulated asset and grows and feeds new models. The vast majority of training cost, that should be expensed, is the training time compute. Neither of these are expensed. There was about 13 major US model releases in September. At least 7 of these replaced a 1 month old previous model family. Open AI gpt sol went from 5.6 to 6 to 6.1 in about 2 months.

Fast model releases not only lock in structural losses, they juice revenue growth illusions. Model use rate generally drops by 66% 4 weeks after release, because of competition, and a surge of use on release for evaluation.

Key figures have yet to be leaked on S-1, which should be released fully soon. Structural losses and cash burn may be much higher than hopes for growth.

Musk giving 1 share (about $160) to all US children with a Trump account, will make the next generation cheer for skynet genocide and oppression. “For a while, it added 10-20% to my net worth.”

with deep accounting tricks.

need 64gb of system ram. qwen next architecture uses smaller experts than others, and it can keep up with ram swap. I believe it uses a file on disk (ngram) to predict what experts will be needed.

Full S-1 on Q3 losses and training costs needs to get published. Quarterly revenue growth rate was half of Q2’s. Not good if it keeps halving, while their committed compute costs rising exponentially.

$8B real loss on $16B revenue. ($72B is a bondholder gain (accounting loss) from conversion). $9B in training costs not counted as loss, even though it is worthless whenever next model version is released.

$561B in forced spending on compute over next 10 years, with $750B total compute costs lined up. Structural losses are baked in for a few years.

Providers of voting machines have skewed GOP in their donations since Bush 43. Variations of voting results from polling have been strongest in Ohio and Florida.

Obviously this is yet more extreme corruption, but election rigging is possible/likely happening without this embarrassment. Vote rigging is more subtle than buffoon in chief thinks it should be.

There are US hosted deepseek llm access points. openrouter, zen are local, but its more groups that can spy/train from you.

you don’t have control of the version of the model being run, the hidden system prompts, or any co-agents that might modify output before its sent to the user/service.

A bit of a paranoid concern. Your worry is that service may try to lie to you, perhaps because of your nationality. There have been quality issues from US served Chinese models. Completely free access points will get ultra compressed/quantized/lobotomized in order to be cheapest to serve but also give a poor impression of the model. Q4 quantization is considered a good balance between cheaper and full quality. But that will still make more mistakes, and US services can fake providing full precision. Every model can choose to lie to you, and you can screen shot it. Using a secret liar model in place of advertised model is possible from any provider, but they are incentivized to be as good as they can be.

only open local models are suitable for “companions”. Anyone who can be sued cannot risk not “covering their ass legally” responses, which prevents “engagement with casual steering away from (self) harm” while staying in character, instead of corporate’s legal department mandate of a textbook response that makes the user find a better AI girlfriend.

Real story of this bankruptcy is financial shenanigans by Google and VC backers. Google paid “the company” $2.7b in 2024 where the company got nothing, but VC backers got paid, and Google got to rehire 2 AI pioneers that had left google to start the firm. The original vision for company was to revolutionize education where you could create a Socratese or Jesus bot and converse with them as life coaches. Marketplace/users just wanted an AI girlfriend cure for loneliness. Disney’s $20m bid for assets is connected to them poaching the remaining shell’s CEO.

Sure the company was always going to end up worthless, but it was worth $2.7b on paper at one point. The industry is filled with similar absurdities is a good point by headline and 404 media article.

deal is already done. UAE/KSA love USA too much to have backed down. Stock value of Skydance has been dropping hard, though.

Yes. The banks are there to just be an intermediary for this crap. The part where they unload at a loss was not part of their plan.

It’s happening!!! Bubble pop is happening!!! article is underplaying it.

Coreweave debt pushed towards 16% yield today. The worst of the AI clusterfuck. Oracle, 2nd worse, move to 8% which is still absurdly low, but was holding 6% a week ago.

Main headline, yes the big banks are selling off debt to losertards. At a discount. Insurance companies are the losertards chasing yield, but have big losses today.

Nvidia, the circular financing backstop for the bubble, signaled today that it is just waiting for bankruptcies to swoop in instead of propping up the fraud. Bond/share holders will get crushed, and bubble dead, but still Nvidia will drive rampocalypse if the datacenters are still alllowed.

I want the traffic to look organic, so I want to have it come from all over the world including from inside the US itself.

The reason to use Russian datacenters for bot army is that they are relatively cheap, and they have Russian IP. It appears like a foreign influence campaign if they are caught as bots. CIA bots probably run through Russia, ffs. There’s no connection to Russian government other than allowing bots to an establishment supporter. It’s not as though any US/western government has wanted to cooperate with Russia on any matter of concern.