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Banks are now trying to offload the AI data center debt they just underwrote (startupfortune.com)
submitted 4 days ago by to c/technology@lemmy.world
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[–] 3 points 2 days ago* (last edited 2 days ago) (1 child)

Softbank doesn't.

With the VC money faucet being cut off, there is no way OpenAI or Anthropic will be able to cover their debt repayments that start in 2027. The media is failing at basic math at this point.

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  • [–] 6 points 2 days ago

    They've been failing at literally every step in AI coverage, especially at just parroting whatever the fuck anthropic and openai claim to be their newest breakthrough without questioning anything. Failing basic math is just icing on the cake.

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