I wonder when/if we’ll see Gemini beating Fable and Astra. Last year I would have confidently bet Google will overtake the others just because they have the data, the hardware (TPUs) and a fat advertising money pipe and yet they are still behind. Anyone anonymous at Google want to hint when Gemini 4 will be out?
Not sure what your comment mean in the context of parent's comment.
As opposed to what, them not having it and burning money that isn't their instead like openai and anthropic? At least Google is feeding itself instead of having to create a bubble to stay alive
Google has in excess of $121 billion of cash (& equivalents), net of total debt.
Big rich companies take on debt for reasons that are sometimes inscrutable from the outside. Recently, they have been borrowing for ~5%, about a half point above what the US government gets for 10-year Treasuries.
Apple has been financing operations with debt for a number of years as part of a complex optimization plan.
There are a lot of accounting shenanigans going on in Big Ai, financial reports are misleading, eg Meta "building" a data center through a shell company and then renting it to themselves. It does wonders for the looks of the books
Some expert wall street analysts discussing what they found and how they dissect things, have a healthy skepticism of Big Ai
rdtsc · · focus · HN ↗
_s_a_m_ · · focus · HN ↗
nolok · · focus · HN ↗
As opposed to what, them not having it and burning money that isn't their instead like openai and anthropic? At least Google is feeding itself instead of having to create a bubble to stay alive
verdverm · · focus · HN ↗
runako · · focus · HN ↗
Big rich companies take on debt for reasons that are sometimes inscrutable from the outside. Recently, they have been borrowing for ~5%, about a half point above what the US government gets for 10-year Treasuries.
Apple has been financing operations with debt for a number of years as part of a complex optimization plan.
No, Google is not broke.
verdverm · · focus · HN ↗
Some expert wall street analysts discussing what they found and how they dissect things, have a healthy skepticism of Big Ai
<a href="https://www.youtube.com/watch?v=YrJzjC4kKCY" rel="nofollow">https://www.youtube.com/watch?v=YrJzjC4kKCY