posted in Technology
Banks are now trying to offload the AI data center debt they just underwrote
startupfortune.com/banks-are-now-trying-to-offload-the-ai-data-center-debt-they-just-underwrote/Replying to @HaraldvonBlauzahn@feddit.org
That is on top of the $18 billion in bonds it sold in a single day last September
That’s $6.57 trillion in annualized debt using AI bubble math.
Replying to @logi@lemmy.world
The year my paycheck lands on Jan 1, my personal financial projections are gonna look SO AMAZING
Replying to @Atropos@lemmy.world
Clearly you aren’t a megacorp. Just set your fiscal year to begin on the day of your paycheck. Checkmate, YNAB.
Replying to @logi@lemmy.world
I dont know that we can collectively understand a number that big and what it means to us. People barely comprehend what a billion is.