this post was submitted on 24 Feb 2026
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[–] SaveTheTuaHawk@lemmy.ca 64 points 3 weeks ago (2 children)
[–] bitjunkie@lemmy.world 38 points 3 weeks ago (1 children)
[–] DScratch@sh.itjust.works 11 points 3 weeks ago

Problem, investors?

[–] village604@adultswim.fan 23 points 3 weeks ago

My previous IT director used to work for the state, and had to fly across the state last minute because the server that had been set up wouldn't power on. The people there swore up and down everything was connected properly. And confirmed it was plugged into the wall.

He walked in, unplugged the power strip from itself, and plugged it into the wall.

[–] WatDabney@lemmy.dbzer0.com 38 points 3 weeks ago (1 children)

If it isn't already and by design, this whole AI thing is going to end up being essentially a ponzi scheme.

[–] Thedogdrinkscoffee@lemmy.ca 24 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

It's a crazy risk to have all these circular investments in each other. It sounds awfully close to round-trip/circular investment fraud.

[–] meathorse@lemmy.world 10 points 3 weeks ago

Indeed, I personally think the purpose is to tie AI so tightly and interwoven into these huge, important companies, when the bubble pops, it'll take down the entire US tech stack... Unless the US govt bails out all of them!

[–] NewNewAugustEast@lemmy.zip 36 points 3 weeks ago (1 children)

Oh shit. They really signed a deal to get 10 percent of AMD? Dammit! Now what will I buy? And time to sell their stock. fuck everything about this.

[–] not_that_guy05@lemmy.world 23 points 3 weeks ago (1 children)

Yup sold that stock 2 weeks ago. I will not support a company that helps Meta or is partially owned by Meta.

[–] ryannathans@aussie.zone 12 points 3 weeks ago (1 children)

Fun fact companies worse than meta regularly buy and sell shares and options in pretty much everything

[–] Sunspear@piefed.social 15 points 3 weeks ago

Blackrock goes brrr

[–] KindnessIsPunk@lemmy.ca 36 points 3 weeks ago (2 children)

10% stake in AMD? What am I going to do now? Move to RISC-V?

[–] phoenixz@lemmy.ca 24 points 3 weeks ago (1 children)

Yes

I'm currently AMD only (you have to be a real idiot to still use Intel at this point) but if Facebook gets it's grubby hands on AMD hardware, I'm out.

Yay for RISK-V, I guess

[–] cyberpunk007@lemmy.ca 2 points 3 weeks ago

But muh games... and valve hardware......

[–] frazw@lemmy.world 22 points 3 weeks ago

That's what I was thinking. Meta is poison.

[–] mrmaplebar@fedia.io 15 points 3 weeks ago

Wow that is fucking trash.

[–] ianhclark510@lemmy.blahaj.zone 15 points 3 weeks ago (1 children)

Is it horrible to say that Meta buying 10% of AMD is the closest they’ve been to having a product that anyone cared about in a long time

[–] LiveLM@lemmy.zip 3 points 3 weeks ago* (last edited 3 weeks ago)

I suppose the Meta Quest headsets are still very well liked.
They can't make people use their dogshit VRChat clone no matter what but the hardware itself is fine.

[–] rogsson@piefed.social 8 points 3 weeks ago (1 children)

Have they collectively lost their minds? This is like buying a bucket of lava while swimming in a volcano kind of stupid

[–] SaveTheTuaHawk@lemmy.ca 7 points 3 weeks ago

Rewatch The Big Short. The stupidity of US finance guys is legend.