this post was submitted on 27 Jan 2025
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The Losers List for today

Nebius Group NV

Nebius Group N.V., operates as a technology company that engages in building full-stack infrastructure to service the global AI industry. Its businesses include Nebius, an AI-centric cloud platform built for intensive AI workloads.

Bloom Energy Corp

Bloom Energy is an American public company headquartered in San Jose, California. It manufactures and markets solid oxide fuel cells that produce electricity on-site. Bloom Energy (BE) Gains “Buy” Rating as Data Centers Boost Power Demand

Vertiv Holdings Co

Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments.

Vistra Corp

Vistra Corp. is a Fortune 500 integrated retail electricity and power generation company based in Irving, Texas. The company is the largest competitive power generator in the U.S. with a capacity of approximately 39GW powered by a diverse portfolio, including natural gas, nuclear, solar, and battery energy storage facilities.

How Vistra Corp. (VST) is Positioning Itself for AI-Driven Electricity Demand with Nuclear Power

Nuscale Power Corp

NuScale Power Corporation is a publicly traded American company that designs and markets small modular reactors. It is headquartered in Tigard, Oregon. A 50 MWe version of the design was certified by the US Nuclear Regulatory Commission in January 2023.

Powering the Future of AI

Modine Manufacturing Co

Modine Manufacturing is a thermal management company established in 1916 in the United States. The company started as Modine Manufacturing Company by Arthur B Modine who patented the Spirex radiator for tractors. The Modine company manufactured the Turbotube radiator for Ford Model T cars.

Modine’s data center sales soared 102% year over year in fiscal 2025 Q2

We are currently focused on supporting trends like high-performance computing as the rapid expansion of AI and machine learning fuels demand for data center capacity and more advanced cooling solutions,” CEO Neil Brinker said on the call. “Although these trends can change over time, we believe that the need to meet ever increasing regulations and reduce the impact of fossil fuels on our environment [is] currently driving multi-year growth cycles.”

Credo Technology Group Holding Ltd

Credo’s mission is to deliver high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. We provide innovative, secure, high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market.

Credo Technology Group Holding Ltd (CRDO) Gains Neutral Rating from Susquehanna Amid AI-Driven Data Center Growth and Valuation Concerns

Oklo Inc.

Oklo Inc. is an advanced nuclear technology company based in Santa Clara, California. Founded in 2013 by Jacob DeWitte and Caroline Cochran, both graduates of the Massachusetts Institute of Technology, the company designs compact fast reactors with the aim of providing clean, safe, and affordable energy. Its chairman is OpenAI co-founder Sam Altman.

Oklo Inc.’s (OKLO) Role in AI Infrastructure: A Buy Signal?

IREN Ltd

We are the responsible way to power Bitcoin, AI and beyond. We own and operate next-generation data centers powered by 100% renewable energy. We target regions where there are low-cost, abundant and attractive renewable energy sources, and where we can help solve energy market problems.

Iren CEO on powering Bitcoin and AI and scaling data centers

Coherent Corp

Coherent Corp. is an American manufacturer of optical materials and semiconductors. As of 2023, the company had 26,622 employees. Their stock is listed at the New York Stock Exchange under the ticker symbol COHR. In 2022, II-VI acquired laser manufacturer Coherent, Inc., and adopted its name.

DATACOM INNOVATION IN THE AI ERA How Coherent is powering innovation in artificial intelligence and machine learning for next-generation datacenters.

Talen Energy Corp

Talen Energy is an independent power producer founded in 2015. It was formed when the competitive power generation business of PPL Corporation was spun off and immediately combined with competitive generation businesses owned by private equity firm Riverstone Holdings. Following these transactions, PPL shareholders owned 65% of Talen's common stock and affiliates of Riverstone owned 35%. As a condition for FERC approval Talen agreed to divest approximately 1,300 megawatts of generating assets in the PJM Interconnection Region to mitigate FERC's competitiveness concerns. On December 6, 2016, Riverstone Holdings completed the purchase of the remaining 65% of Talen's common stock, making it a privately owned company.

Buy 5 Nuclear Energy Stocks to Tap Huge AI-Powered Data Center Growth

Semtech Corp

Semtech Corporation is an American supplier of analog and mixed-signal semiconductors and advanced algorithms for consumer, enterprise computing, communications and industrial end-markets. It is based in Camarillo, Ventura County, Southern California. It was founded in 1960 in Newbury Park, California. It has 32 locations in 15 countries in North America, Europe, and Asia. Semtech is the developer of LoRa, a long-range networking initiative for the Internet of Things. As of March 2021, over 178 million devices use LoRa worldwide. LoRa has been used in satellites, tracking of animals, UAV radio control, and natural disaster prediction, Semtech has been publicly traded since 1967. In 1995, Semtech ranked fifth on the Bloomberg 100 list of top-performing stocks of 1995 on the New York and American stock exchanges and the NASDAQ National Market.

Semtech’s Pioneering Role in AI-Driven Cloud Technology and Data Centers – Insights from Dr. Hong Hou Part 2

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[–] Infamousblt@hexbear.net 34 points 3 days ago* (last edited 2 days ago) (3 children)

Also anyone who works in tech knows that plenty of tech company owners and boards get incredibly caught up in hype and will absolutely make dumbass financial decisions to purchase products on hype alone. It's ridiculous but it happens all the time. When it busts they just lay folks off and blame shit like "we expanded too fast"

[–] piggy@hexbear.net 27 points 3 days ago* (last edited 3 days ago) (2 children)

Haha..... Boy do I have stories..... I worked in a terrible evil company (aren't they all but this one was a bit egregious).

The CEO was an absolute moron whose only skill was being a contracts guy and being a money raising guy. We had an internal app for employees to do their work on in the field. He was adamant about getting it in the app store after he took some meeting with another moron. We kept telling him there's no point, and there's a shit ton of work because weh ave to get the app to apples standards. He wouldn't take no for an answer. So we allocated the resources to go ahead, some other projects got pushed way back for this.

A month goes by and we have another meeting, and he says why isn't X done. We told him, we had to deprioritize X to get the app in the app store. He says well who decided that. We tell him that he did. You know how a normal person would be a bit ashamed of this right? Well guess what he just had a little tantrum and still blamed everyone else but himself.

Same guy fired a dude (VP level) because his nepo hire had it out for him. That dude documented all his work out in the open, and then when that section of the business collapsed a day later they had to hire him back as a contractor and the CEO still didn't trust him and trusted his nepo hire, and didn't see the fact that his decision making was the inefficiency.

When I retire I swear to god I'm going to write "this is how capitalism actually works" books about my experiences working with these people.

[–] Nakoichi@hexbear.net 21 points 3 days ago (2 children)

When I retire

Damn you are gonna retire? I'm 40 and already resigned myself to working till I die.

[–] piggy@hexbear.net 21 points 3 days ago

By "retire" I mean, when I have aged out of software and I can just burn all my bridges.

[–] MolotovHalfEmpty@hexbear.net 12 points 3 days ago (1 children)

Yeah, I have an oestensibly white collar job (although that hasn't really meant anything for about two decades) and same.

[–] Nakoichi@hexbear.net 14 points 3 days ago (1 children)

I've worked retail for about 20 years and now it looks like my only way out is total economic collapse.

[–] MolotovHalfEmpty@hexbear.net 15 points 3 days ago* (last edited 3 days ago)

That's what we get for doing something that's actually useful instead of being market grifters or whatever I guess.

[–] Infamousblt@hexbear.net 6 points 2 days ago

Yep this is basically exactly how every tech company is run

[–] REgon@hexbear.net 13 points 3 days ago (1 children)

Throwback to that company putting "blockchain" in its name and having a massive increase in valuation despite no operational changes occuring

[–] stink@lemmygrad.ml 8 points 2 days ago

IBM named all their Field Support Technicians (previously: helpdesk) peons "AI Analyst". It's all a game for valuation.

[–] kota@hexbear.net 2 points 2 days ago

Sums up my last job perfectly