Guillaume Téchené
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Guillaume Téchené
@guillaume.techene.net
100 followers 85 following 550 posts
.Net dev, crafter, cake baker.
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Reposted by Guillaume Téchené
nicolashenin.net
List of aid groups Israel is banning from operating in Gaza as of January 1, via Associated Press.
Source https://apnews.com/article/gaza-humanitarian-aid-suspension-israel-ec535cea548ddc75080f1e6bffe53801 List of aid groups Israel is banning from operating in Gaza as of January 1 (via @AP) 1. Action Against Hunger 2. ActionAid 3. Alianza por la Solidaridad 4. Campaign for the Children of Palestine 5. CARE 6. DanChurchAid 7. Danish Refugee Council 8. Handicap International: Humanity & Inclusion 9. Japan International Volunteer Center 10. Medecins du Monde France 11. Medecins du Monde Switzerland 12. Medecins Sans Frontieres Belgium 13. Medecins Sans Frontieres France 14. Medecins Sans Frontieres Nederland 15. Medicos del Mundo 16. Mercy Corps 17. MSF Spain 18. Norwegian Refugee Council 19. Oxfam Novib 20. Premiere Urgence Internationale 21. Terre des hommes Lausanne 22. International Rescue Committee 23. WeWorld-GVC 24. World Vision International 25. Relief International 26. Fondazione AVSI 27. Movement for Peace-MPDL 28. American Friends Service Committee 29. Medico International 30. Palestine Solidarity Association in Sweden 31. Defense for Children International 32. Medical Aid for Palestinians UK 33. Caritas Internationalis 34. Caritas Jerusalem 35. Near East Council of Churches 36. Oxfam Quebec 37. War Child Holland
December 31, 2025 at 11:25 AM
Reposted by Guillaume Téchené
edzitron.com
More than half of VC funding goes to AI companies that pay OpenAI and Anthropic, who then pay the hyperscalers, and at some point somebody is going to run out of money to pay somebody else. When that happens, the bubble bursts.

www.wheresyoured.at/the-enshitti...
OpenAI is trying to raise as much as $100 billion in funding so it can continue to pass money to one of a few public companies — $38 billion to Amazon Web Services over seven years, $22.4 billion to CoreWeave over five years, and $250 billion over an indeterminate period on Microsoft Azure. If successful, OpenAI’s venture telethon will raise more money than has ever been raised in a single round, draining funds that actual startups need. Anthropic has agreed to $70 billion in compute and chip deals across Google, Amazon and Broadcom, and that’s not including the Hut8 compute deal that Google is backing. This money will come from what remains of venture capital, private equity and hyperscaler generosity. Yet elsewhere, even the money that goes to regular startups is ultimately being sent to hyperscalers. That AI startup that needs to keep raising $100 million in a single round isn’t sending that cash to other startups — it’s mostly going to OpenAI (Microsoft, Amazon, CoreWeave, Google), Anthropic (Google, Microsoft, Amazon), or one of the large hyperscalers for Azure, AWS or Google Cloud. Silicon Valley didn’t birth the next big tech firm. It incubated yet another hyperscaler-level parasite, except instead of just spending money on hyperscaler services (and raising money to do so), both Anthropic and OpenAI actively drain the venture capital system as well, as they both burn billions of dollars. By creating something that’s incredibly expensive to run, they naturally create startups more-dependent on the venture capital system, and the venture capital system has no idea what to do other than say “just grow, baby!” Both OpenAI and Anthropic’s models might be getting cheaper on a per-million-token basis, but use more tokens, increasing the cost of inference, which in turn increases the costs of startups doing business, which in turn means OpenAI, Anthropic, and all connected startups lose more money, which increases the burn on venture capital. This is a doom-s…
December 29, 2025 at 5:32 PM
Reposted by Guillaume Téchené
edzitron.com
The result is a breakdown of trust in the public markets and of the investors who are backing pre-IPO companies, with analysts acting as fractional marketing teams for stocks, boosting OpenAI deals for Oracle and NVIDIA that never existed, hurting investors. www.wheresyoured.at/the-enshitti...
Analysts have, on some level, become the fractional marketing team for the stocks they’re investing in. When Oracle announced its $300 billion deal with OpenAI in September — one that Oracle does not have the capacity to fill and OpenAI does not have the money to pay for -- analysts heaved and stammered like horny teenagers seeing their first boob: John DiFucci from Guggenheim Securities said he was “blown away.” TD Cowen’s Derrick Wood called it a “momentous quarter.” And Brad Zelnick of Deutsche Bank said, “We’re all kind of in shock, in a very good way.” “There’s no better evidence of a seismic shift happening in computing than these results that you just put up,” Zelnick said on the earnings call. These are the same people that retail and institutional investors rely upon for advice on what stocks to buy, all acting with the disregard for the truth that comes from years of never facing a consequence. Three months later, and Oracle has lost basically all of the stock bump it saw from the OpenAI deal, meaning that any retail investor that YOLO’d into the trade because, say, analysts from major institutions said it was a good idea and news outlets acted like this deal was real, already got their ass kicked. And please, spare me the “oh they shouldn’t trade off of analysts” bullshit. That’s the kind of victim-blaming that allows these revered fuckwits to continue farting out these meaningless calls. Oracle announces its unfillable, unpayable $300 billion deal with OpenAI, leading to 30%+ bump in stock price. Analysts, who should ostensibly be able to count, call it “momentous” and say they’re “in shock.” On September 22 2025, CEO Safra Catz steps down, and nobody seems to think that’s weird or suspicious. Two months later, Oracle’s stock is down 40%, with investors worried about Oracle’s growing capex, which is surprising I suppose if you didn’t think about how Oracle would build the fucking data centers. Basically anyone who traded into this got burned. NVIDIA announced a “strategic partnership” to invest “up to $100 billion” and build 10GW of data centers with OpenAI, with the first gigawatt to be deployed in the second half of 2026. Where would the data centers go? How would OpenAI afford to build them? How would OpenAI build a gigawatt in less than a year? Don’t ask questions, pig! NVIDIA’s stock bumped from from $175.30 to $181 in the space of a day. The media wrote about the story as if the deal was done, with CNBC claiming that “the initial $10 billion tranche [was] expected to close within a month or so once the transaction has been finalized.” I read at least ten stories that said that “NVIDIA had invested $100 billion.” Analysts would say that NVIDIA was “locking in OpenAI” to “remain the backbone of the next-gen AI infrastructure,” that “demand for NVIDIA GPUs is effectively baked into the development of frontier AI models,” that the deal “[strengthened] the partnership between the two companies…[and] validates NVIDIA’s long-term growth numbers with so much volume and compute capacity.” Others would say that NVIDIA was “enabling OpenAI to meet surging demand.” Three analysts — Rasgon at Bernstein, Luria at D.A. Davidson and Wagner at Aptus Capital — all raised circular deal concerns, but they were the minority, and those concerns were still often buried under buoyant optimism about the prospects of the company. One eensy weensy problem though, everyone! This was a “letter of intent” — it said so in the announcement! — and on NVIDIA’s November earnings, it said that it “entered into a letter of intent with an opportunity to invest in OpenAI.” It turns out the deal didn’t exist and everybody fell for it! NVIDIA hasn’t sent a dime and likely won’t. A letter of intent is a “concept of a plan.”
December 29, 2025 at 5:14 PM
Reposted by Guillaume Téchené
cmdrcrandall.bsky.social
December 28, 2025 at 10:05 PM