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by jsheard
795 days ago
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After that report a few weeks ago saying they literally can't afford to pay their AWS bills I would guess it's the latter. https://www.forbes.com/sites/kenrickcai/2024/03/29/how-stabi... > By October 2023, Stability would have less than $4 million left in the bank [...] Stability was "underpaying AWS bills for July (by $1M)" and "not planning to pay AWS at the end of October for August usage ($7M)." Then there were the September and October bills, plus $1 million owed to Google Cloud and $600,000 to GPU cloud data center CoreWeave [...] Stability was on track to lose more money per month than it made in an entire year. |
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