this post was submitted on 16 Jun 2026
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Their Datacenter buildout doesn't work they want to. Most projects are very much delayed, and those that even started getting built are over budget. OpenAI and Anthropic will collapse in the next years, and this is coming from someone who absolutely sees the good things about the technology itself.
Stop, I can only handle so much good news!
There is no way, absolutely NO WAY to recuperate the amount of cash burnt on those two companies, and that is not even counting the amount of AI Startup whose cash is currently flowing towards to those two.
How about bailouts? GPT integration with Visa? IPOs sucked into funds? There's a lot of money they can and will try to vacuum, don't you worry about that. And banks will do their damnest best to help with all of that - just look at SpaceX.
At least they failed at getting into index funds for now.