Clarification, google (and amazon) are giving anthropic acces to some of their chips (compute).
This mirrors Microsofts funding in openai, which was mostly just azure credit.
Same thing with ai companies investing with free generation tokens.
These companies aren’t providing money just sharing some resources that they would otherwise exploit for profit.
They are giving each other monopoly money blow jobs and the result is headlines and securing coordinated market domination.
The AI ouroboros grows, but the profit margins shrink.
How does this make sense?
Feeding the money laundering machine.
There is no money laundering involved. There are other sketchy elements associated with bubbles (circular financing), but not money laundering.
Pretty sure it’s again some kind of cloud credits or any other way for them to earn back the money.
Probably like Apple and Microsoft working together in the past. Competition, but sharing some tech as well to further both sides. Or maybe it’s just money.
And they still won’t turn a profit 🥰
