this post was submitted on 19 Oct 2026
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TechTakes

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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[–] FearfulSalad@ttrpg.network 15 points 4 days ago (2 children)

Ed's I Told Ya So is going to be deafening this week

[–] samvines@awful.systems 6 points 3 days ago

Super weird that Dan Luu still hasn't apologised to Ed yet.

[–] stellargmite@lemmy.world 2 points 4 days ago

I’ve started procuring the popcorn. Cant wait.

[–] sem@piefed.blahaj.zone 13 points 4 days ago (1 children)

Three of the founders of AI hosting company CoreWeave — Brannin McBee, Michael Intrator, and Brian Venturo — just announced yet another planned sale of CoreWeave stock, totalling over a billion dollars’ stock sales for each since the company went public. This means that whatever happens with CoreWeave and the AI bubble … they’ve got theirs. [Bloomberg, archive]

CoreWeave has never been a solid business. It spent the past three years piling debts on debts, because this was the AI revolution! This is the future! [...]

[–] theodoraward@awful.systems 14 points 3 days ago (1 children)

I really try not to poke fun at names but those are three of the fakest-sounding names I've ever heard in my life

[–] ebu@awful.systems 5 points 3 days ago

ai ceos named "in-trader" and "venture". thank you Hideo Kojima

[–] TropicalDingdong@lemmy.world 5 points 4 days ago (3 children)

I forget what coreweave was.

[–] dgerard@awful.systems 11 points 4 days ago (2 children)

if only there were links that answered the question

[–] blakestacey@awful.systems 4 points 4 days ago

I'm tempted to lower the banhammer just for the dancing-banana icon alone.

[–] TropicalDingdong@lemmy.world 4 points 4 days ago* (last edited 4 days ago) (1 children)

I guess we'll never know.

(its a good article, and was nice and succinct. thanks for producing content)

They were the ones buying Nvidia chips using debt. The debt has gotten more expensive, and the demand for Nvidia chips has remained constant (which admittedly is high).

[–] it_wasnt_arson@awful.systems 8 points 4 days ago (1 children)

There are too many of these companies to remember at this point, to be fair. I keep getting things mixed up with SoftBank.

[–] TropicalDingdong@lemmy.world 1 points 4 days ago

Exactly. Like I know/ knew the name, but even in David's article, it acknowledges they did a hard pivot, could even call it a few hard pivots since they're inception.

You can't blame people for not keeping track about what each and every random AI slop start up is about.

[–] zbyte64@awful.systems 2 points 3 days ago (1 children)

Not to be confused with codeweaver which helps run windows apps on linux.

[–] TropicalDingdong@lemmy.world 1 points 3 days ago (2 children)

These.. these arent the same thing?

[–] rhamph@awful.systems 1 points 3 days ago (1 children)

I dare say that’s why they shouldn’t be confused.

[–] TropicalDingdong@lemmy.world 1 points 3 days ago

Who isn't confused?

[–] zbyte64@awful.systems 1 points 3 days ago

My dyslexic ass had trouble distinguishing the two, wasn't sure if others tripped over that as well.