[theIV]

I think you're thinking of

> Microsoft buys near 4% stake in London Stock Exchange https://news.ycombinator.com/item?id=33952824

[martynr]

Call me old fashioned but I kinda hope that buying a stake in the London Stock Exchange doesn’t count as a high risk investment these days…

Edit: ( though obviously it’s not as clear cut as it used to be :/ )

[luma]

LSEG recently used leverage to buy market data firm Refinitiv which was somewhere around 5x the size of LSEG itself. They are risk averse, but clearly not as much as they used to be. That acquisition came with a large amount of hardware in DCs around the world which MS has been gunning to get into Azure.

[lmeyerov]

Afaict openai too, basically paying themselves for massive GPU bills

[mmaunder]

Thanks.