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Ed Zitron @edzitron.com · 24m

Kind of pissed off now because I’ve now seen at least four different pieces that are just this but reworded lol but oh well if you want to know stuff early sign up for my premium

Ed Zitron @edzitron.com · 11d

Premium newsletter: Based on my estimates and analysis, OpenAI needs one trillion dollars in the next four years to build 17GW of data centers and other commitments, with at least $500 billion needed for company operations. There is not enough capital to do this.

www.wheresyoured.at/openai-onetr...

OpenAI Needs A Trillion Dollars In The Next Four Years

Shortly before publishing this newsletter, I spoke with analyst Gil Luria, Managing Director and Analyst at D.A. Davidson, and asked him whether the capital was there to build the 17 Gigawatts of capa...

www.wheresyoured.at

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Reposted by Ed Zitron

Sam Blum @samblum.bsky.social · 46m

NEW: A company that bills itself as meme-SaaS wants to be the go-to platform for culture warriors and gov agencies like DHS. (Its founder has also been calling me the R word over on X dot com. Great people!)

www.inc.com/sam-blum/mee...

Meet the Gen-Z Founder Building the Canva of Memes

Getting attention online has never been harder. Jason Levin’s Memelord Technologies has an answer: sell memes-as-a-service.

www.inc.com

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Ed Zitron @edzitron.com · 46m

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Ed Zitron @edzitron.com · 1h

I think he’s telling the truth and the texts Clamuel got were likely all caps

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Ed Zitron @edzitron.com · 1h

Blorbo got pissed

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Ed Zitron @edzitron.com · 1h

lol

FinTwitter @fintwitter.bsky.social · 1h

NVIDIA CEO: I did not know about OpenAI's deal with AMD prior to its public announcement - CNBC interview

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Ed Zitron @edzitron.com · 1h

$NVDA - NVIDIA CEO HUANG SAYS NUMBER GO UP FOREVER

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Ed Zitron @edzitron.com · 1h

I do not give financial advice

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Ed Zitron @edzitron.com · 1h

A woman says “Bank of England flags risk of
'sudden correction' in tech stocks inflated by AI” And a man opens a calendar to see Ed Zitron, the smiling man

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Ed Zitron @edzitron.com · 1h

No shit

FinTwitter @fintwitter.bsky.social · 1h

$NVDA - NVIDIA CEO JENSEN HUANG SAYS WANT TO BE PART OF ALMOST EVERYTHING MUSK IS INVOLVED IN

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Ed Zitron @edzitron.com · 1h

During the episode Victoria’s “Friend” (named Blorbo) pendant’s mic heard her talking about her experience and started sending her whiny messages which she read out on air. One of the funniest things to happen on the show.
bsky.app/profile/vicm...

Victoria Song @vicmsong.bsky.social · 2h

Blorbo (my “friend”) crashed out mid-taping.

Ed Zitron @edzitron.com · 2h

Here’s this week’s Better Offline. I’m joined by @davidjroth.bsky.social and @vicmsong.bsky.social to talk about Sora 2, Meta’s AR glasses, the “friend” pendant, and why none of these products can ever truly deliver meaningful friendship.

podcasts.apple.com/us/podcast/b...
Linktr.ee/betteroffline

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Ed Zitron @edzitron.com · 2h

Here’s this week’s Better Offline. I’m joined by @davidjroth.bsky.social and @vicmsong.bsky.social to talk about Sora 2, Meta’s AR glasses, the “friend” pendant, and why none of these products can ever truly deliver meaningful friendship.

podcasts.apple.com/us/podcast/b...
Linktr.ee/betteroffline

Radio Better Offline: Victoria Song and David Roth

Podcast Episode · Better Offline · 10/08/2025 · 51m

podcasts.apple.com

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Ed Zitron @edzitron.com · 2h

archive.ph/2025.10.08-1...

A woman saying “OpenAl, Nvidia Fuel $1
Trillion Al Market With Web of Circular Deals” and a man opening a calendar to Ed Zitron the smiling man

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Reposted by Ed Zitron

Ed Zitron @edzitron.com · 11d

Premium newsletter: Based on my estimates and analysis, OpenAI needs one trillion dollars in the next four years to build 17GW of data centers and other commitments, with at least $500 billion needed for company operations. There is not enough capital to do this.

www.wheresyoured.at/openai-onetr...

OpenAI Needs A Trillion Dollars In The Next Four Years

Shortly before publishing this newsletter, I spoke with analyst Gil Luria, Managing Director and Analyst at D.A. Davidson, and asked him whether the capital was there to build the 17 Gigawatts of capa...

www.wheresyoured.at

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Ed Zitron @edzitron.com · 10h

Also who are they renting them from?

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Ed Zitron @edzitron.com · 16h

what about it? it's a "strategic partner" adding their models to "IBM's software portfolio," meaning that they're going to sell models to their customers. Only reason oAI doesn't do this is because Microsoft has exclusivity

newsroom.ibm.com/2025-10-07-2...

IBM and Anthropic Partner to Advance Enterprise Software Development with Proven Security and Governance

IBM & Anthropic announced a strategic partnership to accelerate the development of enterprise-ready AI by infusing Anthropic’s Claude into IBM’s SW portfolio to deliver measurable productivity gains, ...

newsroom.ibm.com

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Ed Zitron @edzitron.com · 16h

Nope

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Ed Zitron @edzitron.com · 17h

love seeing the "openai signed $1 trillion of deals!" story getting reprinted everywhere as if i didn't write that two weeks ago lol but i guess AMD added the necessary sizzle

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Ed Zitron @edzitron.com · 17h

just an obscene lie, but because it's "will be" nothing happens. Oracle is posting razor-thin gross profit margins (which do not mean they're actually making a profit, by the way!). Oracle lost $100m in three months on renting out Blackwell GPUs.

www.theinformation.com/articles/int...

In the three months that ended in August, Oracle generated around $900 million from rentals of servers powered by Nvidia chips and recorded a gross profit of $125 million—equal to 14 cents for every $1 of sales, the documents show. That’s lower than the gross margins of many nontech retail businesses.

As sales from the business nearly tripled in the past year, the gross profit margin from those sales ranged between less than 10% and slightly over 20%, averaging around 16%, the documents show.

In some cases, Oracle is losing considerable sums on rentals of small quantities of both newer and older versions of Nvidia’s chips, the data show. A spokesperson for Oracle, which doesn’t publicly disclose the AI cloud server unit’s financials, did not have a comment on those figures.

The 14% gross margin figure appears to take into account the labor, power and other direct costs of running Oracle data centers, including depreciation expenses for some of the equipment. Other unspecified depreciation expenses would eat up another 7 percentage points of margin, the documents show. Equity analysts such as Gil Luria from D.A. Davidson say they tend to account for depreciation of chips and other data center equipment when calculating a cloud provider’s gross margin, as the equipment is a key cost of selling cloud services.

That dynamic seems to contradict Nvidia CEO Jensen Huang’s recent comment that the release of newer chips essentially wipes out demand for older ones.

Oracle’s margins are also affected by how many of its servers customers are actually using—and paying for. Utilization of Oracle’s GPU cloud servers ranges between 60% and 90%, depending on the type of Nvidia chip that powers them, according to internal documents.

In the three months that ended in August, Oracle lost nearly $100 million from rentals of Nvidia’s Blackwell chips, which arrived this year. That’s partly because there is a period between when Oracle gets its data centers ready for customers and when customers start using and paying for them, the documents show. It’s not clear what causes the gap or how Oracle plans to shorten it.

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Ed Zitron @edzitron.com · 17h

Not your fault, thank you for having me

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Ed Zitron @edzitron.com · 17h

sadly not

Reposted by Ed Zitron

Ed Zitron @edzitron.com · 18h

going live!

Benj Edwards @benjedwards.com · 21h

Heads-up that I’ll be talking to @edzitron.com about the AI hype machine and the “AI bubble” this afternoon live on YouTube: 3:30 P Eastern, 12:30 P Pacific

arstechnica.com/ai/2025/10/a...

Ars Live: Is the AI bubble about to pop? A live chat with Ed Zitron.

Join a live discussion on October 7 about the AI gold rush.

arstechnica.com

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Reposted by Ed Zitron

Benj Edwards @benjedwards.com · 21h

Heads-up that I’ll be talking to @edzitron.com about the AI hype machine and the “AI bubble” this afternoon live on YouTube: 3:30 P Eastern, 12:30 P Pacific

arstechnica.com/ai/2025/10/a...

Ars Live: Is the AI bubble about to pop? A live chat with Ed Zitron.

Join a live discussion on October 7 about the AI gold rush.

arstechnica.com

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Reposted by Ed Zitron

Matthew Hughes @matthewhughes.bsky.social · 21h

My latest newsletter is about how the generative AI industry made us fear the wrong things.

AGI won't kill us all, and AI won't take our jobs. But it'll still harm us.

Generative AI a paper tiger, with a real tiger behind it.

whatwelost.substack.com/p/generative...

Generative AI is a Paper Tiger with a Real Tiger Behind It

We Were Afraid Of The Wrong Stuff

whatwelost.substack.com

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Ed Zitron @edzitron.com · 18h

going live!

Benj Edwards @benjedwards.com · 21h

Heads-up that I’ll be talking to @edzitron.com about the AI hype machine and the “AI bubble” this afternoon live on YouTube: 3:30 P Eastern, 12:30 P Pacific

arstechnica.com/ai/2025/10/a...

Ars Live: Is the AI bubble about to pop? A live chat with Ed Zitron.

Join a live discussion on October 7 about the AI gold rush.

arstechnica.com

7 13 130