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Posted
On 10/28/2025 at 5:14 AM, HenryJames said:

 

There is a paranoia level of secrecy in working on these things.  The shell company thing is common for the land purchase and even some early permitting.  I hadn't heard of NDAs for elected officials, but it is standard for anybody else involved.  My company even had a code word for our client, to avoid accidentally saying their name in front of others who weren't under NDA.  I remember after my company had filed some paperwork for the shell company, I would get calls from tech magazines asking for confirmation on the project.  (They all knew which shell company equated to what brand name, because of past projects.) But, at some point, the client makes a big announcement about how much they are investing, how many jobs they are creating, and the what community programs they starting.  We still can't say shit without them saying it first, but it does loosen things up a bit. 

Posted
3 hours ago, HenryJames said:

 

his last comment - "but the power!" is extremely apropos. There's been some solid work and writing around energy usage per million tokens consumed, and agents can routinely burn thousands to tens of thousands per simple "hello/good morning" responses. Even the most efficient setups consume a couple of kWhrs to process a million tokens. There's a hideous amount of power being consumed to do really no actual work aside from running up NVDA's market cap

 

note: "token" is a model-specific metric that refers to the size of each block of input given to a LLM, typically 4-6 characters including punctuation and spaces per token.

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Posted
59 minutes ago, Valmy77 said:

Jobs they are creating? How many people do they need to hire to maintain a data center? 100?

I would guess that 100 people is probably about right for midsize (100MW to 200 MW) data center, depending on the company. Physical security is the biggest job category.  You also have IT security, IT programmers, folks that maintain cooling and electrical systems.  At a large data center, just pulling replacing old disks might be a 24x7 job.  They may also have other functions colocated.   

The client will also take credit for temporary construction jobs.  

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Posted
43 minutes ago, Captainant said:

his last comment - "but the power!" is extremely apropos. There's been some solid work and writing around energy usage per million tokens consumed, and agents can routinely burn thousands to tens of thousands per simple "hello/good morning" responses. Even the most efficient setups consume a couple of kWhrs to process a million tokens. There's a hideous amount of power being consumed to do really no actual work aside from running up NVDA's market cap

 

note: "token" is a model-specific metric that refers to the size of each block of input given to a LLM, typically 4-6 characters including punctuation and spaces per token.

I’ve never understood the need to talk to AI like it’s a person. Hello, thank you, etc. It’s just a tool. We should use it like one. 

Posted
20 hours ago, Biff Tannen said:

I’ve never understood the need to talk to AI like it’s a person. Hello, thank you, etc. It’s just a tool. We should use it like one. 

In that case, congratulations on moving up the chain of attack when the T-1000 is let loose.... good luck! 

 

Posted

"Exclusive: OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation"

Quote

Chief Financial Officer Sarah Friar has told some associates the company is aiming for a 2027 listing, the people said. But some advisers predict it could come even sooner, around late 2026.

https://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/

Now I am a stock market dummy.  A true 'just put it in an index fund and hope for the best' kind of person.  But the internet tells me plenty of very profitable companies took a long time to reach this valuation.

 

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Posted
1 minute ago, MC Fresh Breath said:

But the internet tells me plenty of very profitable companies took a long time to reach this valuation.

Dude.  Profits, PE ratios, all that shit?  Those are for woke losers.  It's all vibes, and only vibes these days.  Do you FEEL like it should be worth $1 trillion?  Then it IS worth $1 trillion!

Which is actually a true statement and thing, but embedded in that is the bubble.  Because profits and PE ratios are real things.  They exist, are empirical, and do not change (that is, your PE ratio last quarter is what it is, and your PE ratio next quarter is what it is, based on actual measurable metrics).  Feelings, on the other hand.....can go "poof."  Today, we feel like it's worth $1 trillion, and it is.  Tomorrow, we feel like it's worth $1 . . . and it is.  That's how you bubble, that's how you burst, and that's how you crash.

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Posted (edited)
1 hour ago, MC Fresh Breath said:

"Exclusive: OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation"

https://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/

Now I am a stock market dummy.  A true 'just put it in an index fund and hope for the best' kind of person.  But the internet tells me plenty of very profitable companies took a long time to reach this valuation.

 

Took a long time but now there are a handful. It's wild. nVidia @ $5T is an "obvious yea duh" moment in either direction; a hyperinflated bust waiting to happen or a steadfast, best company in the world and positioned well for the next 10-15 years. I personally don't think we can determine which in hindsight, but I made a big, scary financial bet this morning on the former and put in a big short this AM eeeeeeeeeeeeeeekkkkkkkkk. happy halloween, this is scary because I could lose it all or make a million or two!

Edited by Vegas64
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Posted
2 hours ago, MC Fresh Breath said:

"Exclusive: OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation"

https://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/

Now I am a stock market dummy.  A true 'just put it in an index fund and hope for the best' kind of person.  But the internet tells me plenty of very profitable companies took a long time to reach this valuation.

 

Oh boy, bring on the crash once this goes through.

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Posted

I laughed at this bullshit:

Quote

"An IPO is not our focus, so we could not possibly have set a date," an OpenAI spokesperson said. "We are building a durable business and advancing our mission so everyone benefits from AGI."

 

Posted

What's interesting is the AI Bubble and how it's going to impact not just us, but the entire world, when it pops. And further, the China cold war:

US stocks now make up ~56% of the world’s public market cap; America’s Mag7 AI stocks in turn make up a third of the US market cap alone; and their AI infrastructure build-out alone is driving a ~third of all US economic growth.

So any ‘pop’ might rattle not just the US economy, but the world’s economy. It’d also hit a key pillar (US tech dominance) now balancing the world’s concerns about US political risk.

Second, an AI pop would have downstream impacts on other sectors like energy, where there are already countless billions in AI-related energy projects in the US alone.

And third, a pop would also shape US-China competition, which is already in turn shaping this century: Nvidia’s chips are now arguably America’s biggest source of leverage.

But the result of that leverage is the two rivals are now bifurcating into two parallel, algorithmic blocs built on parallel stacks and supply chains. So any AI pop — inevitably slowing US investments and therefore advances — could end up less like the global 2008 meltdown, and more specifically shifting our world’s centre of gravity even further east.

Posted
1 hour ago, Vegas64 said:

US stocks now make up ~56% of the world’s public market cap; America’s Mag7 AI stocks in turn make up a third of the US market cap alone; and their AI infrastructure build-out alone is driving a ~third of all US economic growth.

Not apples to apples to what I highlighted there, but Harvard economist Jason Furman estimates that 92% of the 2025Q1&2 GDP growth was around AI investment. (article

Quote

Technically, as Furman notes, investment in information-processing equipment and software was only 4% of U.S. GDP for the first half of 2025, yet it also accounted for fully 92% of GDP growth over that period.

 

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