That’s a lot of layoffs.

So they got all that money from Uncle Sam’s CHIPS Act only to lay off 10,000 employees and make themselves “lean”. Govt funded unemployment.

  • Justin@lemmy.jlh.nameEnglish
    1·
    3 months ago

    I honestly don’t think investors can tell the difference between LLMs+SD and more useful neural networks like audio and video filtering tools. All the money is in LLMs, anyways, I don’t think anybody is buying $1B of datacenter CPUs for the more useful kinds of AI.