Alphabet (Google) launched a massive global bond sale, including a 100-Year Bond.
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@neurovagrant @alessandro @8r3n7 exactly. It's why it's getting an "AAA" rating, as though it were as good as a government bond. And it's being done in multiple currencies but primarily sterling.
The sold purpose is for the London financial sector to pump and dump it.@neurovagrant @alessandro @8r3n7 and legally speaking, bonds do have underlying assets in theory. Bonds are secured creditors. But they're not always first in line in a bankruptcy.
But the whole game here is that Google will sell at a discount to certain firms. Those firms will sell on direct ("a guaranteed investment!") or will repackage with other bonds into increasingly toxic bundles that pension funds load up on as 'stable return' vehicles.
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@rootwyrm @neurovagrant Oh man, when Google has to file for chapter 11 and fire-sale all of these assets, the flood of cheap enterprise GPU's that are going to hit the market are going to help me build the sickest racing sim ever.
@Mustardfacial @neurovagrant why wait? Mind, they have no graphics output, no real render capability at all even though it's mostly just fused off. But you can buy them for literal pennies on the dollar right now. 94%+ depreciation in 18 months and the secondary is flooded with burned up parts.
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@Mustardfacial @neurovagrant why wait? Mind, they have no graphics output, no real render capability at all even though it's mostly just fused off. But you can buy them for literal pennies on the dollar right now. 94%+ depreciation in 18 months and the secondary is flooded with burned up parts.
@rootwyrm @neurovagrant Unless they've dramatically changed the architecture of the enterprise cards from the last time I interacted with one (which granted was the A6000 series) when there were variants that had mini-DP out, and the physical chips were basically the same as the RTX cards with driver locks to prevent gaming workloads, then it shouldn't be that hard to make work. There are hacked drivers out there that let them play games again.
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@rootwyrm @neurovagrant Unless they've dramatically changed the architecture of the enterprise cards from the last time I interacted with one (which granted was the A6000 series) when there were variants that had mini-DP out, and the physical chips were basically the same as the RTX cards with driver locks to prevent gaming workloads, then it shouldn't be that hard to make work. There are hacked drivers out there that let them play games again.
@Mustardfacial @neurovagrant absolutely not, at all. NV started down the disabling of the render in the mining era. Even the Chinese hack cards have no output. A100's cannot render. V100's cannot render. There's just no silicon or traces for it.
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@Mustardfacial @neurovagrant absolutely not, at all. NV started down the disabling of the render in the mining era. Even the Chinese hack cards have no output. A100's cannot render. V100's cannot render. There's just no silicon or traces for it.
@rootwyrm @neurovagrant Aw crap. Well there goes that plan.
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@rootwyrm @neurovagrant Aw crap. Well there goes that plan.
@Mustardfacial @rootwyrm @neurovagrant - It might be a decent fire sale for non-LLM supercomputer users, so there's that much.
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@Mustardfacial @rootwyrm @neurovagrant - It might be a decent fire sale for non-LLM supercomputer users, so there's that much.
@jmax @Mustardfacial @rootwyrm for the non-supercomputers, notsomuch. Most of their workforce uses Chromebooks at this point.
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Alphabet (Google) launched a massive global bond sale, including a 100-Year Bond.
The last time tech companies offered 100-Year Bonds was, according to Bloomberg,
the dot com boom.
A 100-yr bond? LOL. Which companies will still be around in 5 yrs, let alone 100?
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Alphabet (Google) launched a massive global bond sale, including a 100-Year Bond.
The last time tech companies offered 100-Year Bonds was, according to Bloomberg,
the dot com boom.
@neurovagrant
AI crash is coming soon, oh so soon -
Alphabet (Google) launched a massive global bond sale, including a 100-Year Bond.
The last time tech companies offered 100-Year Bonds was, according to Bloomberg,
the dot com boom.
@neurovagrant I give them 10 years MAX
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@alessandro @rootwyrm yeah that's more or less my understanding, but am terrible at finance stuff.
tldr just another investment vehicle to be traded.
@neurovagrant @alessandro @rootwyrm
It's a sign of how much fossil fuel cash is inundating markets using AI initiatives.
Oracle & Larry Ellison & its relationship with Saudi Arabia.
The fossil fuel industry funds far right fascist movements.
https://www.reuters.com/business/alphabet-sells-bonds-worth-20-billion-fund-ai-spending-2026-02-10/Few companies will survive but the bonds might as money laundering vehicles, with a Trump government bailout.
Future war debts?
https://www.cityam.com/on-this-day-britain-pays-off-its-debt-to-america/
https://www.warhistoryonline.com/instant-articles/britain-only-settled-debts.html
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@neurovagrant @alessandro @8r3n7 exactly. It's why it's getting an "AAA" rating, as though it were as good as a government bond. And it's being done in multiple currencies but primarily sterling.
The sold purpose is for the London financial sector to pump and dump it.@neurovagrant @alessandro @8r3n7 @rootwyrm more like an AAAAAAAAAAAAA rating, amirite
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Alphabet (Google) launched a massive global bond sale, including a 100-Year Bond.
The last time tech companies offered 100-Year Bonds was, according to Bloomberg,
the dot com boom.
@neurovagrant@masto.deoan.org this is one of those things where we can talk about as many warning signs as possible and people will still pretend to be clueless when the ai bubble bursts
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@rootwyrm @neurovagrant Oh man, when Google has to file for chapter 11 and fire-sale all of these assets, the flood of cheap enterprise GPU's that are going to hit the market are going to help me build the sickest racing sim ever.
Totally Raaaaad dude!!!
@Mustardfacial @rootwyrm @neurovagrant -
Alphabet (Google) launched a massive global bond sale, including a 100-Year Bond.
The last time tech companies offered 100-Year Bonds was, according to Bloomberg,
the dot com boom.
@neurovagrant i wonder what it means though. why does this mean there's a bust coming?
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@neurovagrant i wonder what it means though. why does this mean there's a bust coming?
@arrrg to borrow a phrase from Alan Greenspan, it likely signals "irrational exhuberance."
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