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by aduffy 64 days ago
On top of this whole thing just being ridiculous, $50mm is also just not a very impressive amount of money to build out an AI data center.
3 comments

The $50M is for keeping the company alive long enough for the c suite to finish tearing the copper out of the walls
If you can somehow get your hands on a dozen NVL72 racks and duct tape them together in such a way to rent them out as a service, you can make your money back in less than 2 years at current demand pricing. $50M is more than enough to get this going.
I'm not sure how many companies would trust a failed shoe company to be responsible for their compute.
I'd sign up if the price is right. Workloads can easily be moved if something goes down.
Expect grift in the grift economu.
Ridiculous? Tandy (leather originally) became a large computer company for a while. So who's to say really.