[petesergeant]

> spends the equivalent of $7.4 to $8.4 billion every year on research and development

Wonder what portion of this is opex masquerading as R&D, hiding behind “equivalent of”

[adastra22]

Equivalent of here just means they converted the number to dollars.

[cf100clunk]

With those kinds of burn rates there would likely be quite a lot of such overlap.