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1. Ars Technica (arstechnica@mastodon.social)'s status on Friday, 20-Sep-2024 01:57:51 JST Ars Technica

   $100 billion AI infrastructure fund launched by Microsoft, BlackRock, UAE firm

   Investment "goes beyond what any single company or government can finance."

   https://arstechnica.com/information-technology/2024/09/100-billion-ai-infrastructure-fund-launched-by-microsoft-blackrock-uae-firm/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

   • Helkriz (anandu@mastodon.social)'s status on Friday, 20-Sep-2024 02:06:51 JST Helkriz

     in reply to

     @arstechnica microsoft, blackrock… mmm… so something big is cooking and Not good.

   • DP0 (dp0@mastodon.social)'s status on Friday, 20-Sep-2024 02:50:08 JST DP0

     in reply to

     @arstechnica Currently the AI boom is like the gold rush: the only ones who are making profit are the peddlers selling shovels, pans, and tents (i.e., CPU and GPU producers).

     AI has become a more and more derogatory term, associated with crappy artwork, stolen IP, and deep-fakes.

     There are many practical use-cases for AI. However, THE cash-cow practical use-case applicable for everybody, has yet to be found.

     Not sure whether throwing a 100 Billion in this open equation will add up at the end.

   • Reed Mideke (reedmideke@mastodon.social)'s status on Friday, 20-Sep-2024 05:48:36 JST Reed Mideke

     in reply to

     @arstechnica

   • ByREV (byrev@mastodon.social)'s status on Wednesday, 25-Sep-2024 02:25:45 JST ByREV

     in reply to

     @arstechnica Only mafia organizations allowed such arrogance! :)