this post was submitted on 27 Aug 2025
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SoftBank needs OpenAI to stay alive — no matter what (pivot-to-ai.com)
submitted 2 days ago by dgerard@awful.systems to c/techtakes@awful.systems
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in this episode I explain the numbers that require SoftBank to keep OpenAI alive past all reason: they're spending real money to achieve imaginary private equity valuations and this was enough to make their stock go up. So they can't stop.

https://www.youtube.com/watch?v=zTYxEVRiCvM&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20250827-softbank-needs-openai-to-stay-alive-no-matter-what - podcast

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[–] HK65@sopuli.xyz 10 points 1 day ago (3 children)

I wonder what this means for US GDP, not just the AI bubble, but the various other speculative bubbles goimg around.

How much of the US economy is real and how much is it a fake foam of stock market bubbles?

[–] Architeuthis@awful.systems 5 points 1 day ago* (last edited 1 day ago) (1 children)

I wonder what this means for US GDP

Don't worry, unchecked inflation and increasing housing costs will keep the GDP propped up at least for a while longer.

[–] HK65@sopuli.xyz 2 points 1 day ago

I mean yeah, spreadsheets rejoice, but eventually it's going to be a problem where there is no real economy behind the numbers. How long can we keep pretending?

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