Thread

1. simonw · 1790862939 · focus · HN ↗

   > Under a tax credit created in the 1980s to spur innovation, companies can get a rebate for supplies, but only if they are being tested in an experimental effort, not standard business operations. Meta is claiming that the costly A.I. computer chips it buys from companies, including Nvidia, are entitled to a taxpayer-provided discount as part of the experiment. [...]

   > The company started claiming the credit for the data centers two years ago. Since then, Meta’s savings from the credit have soared, trimming almost $4 billion off its tax bill last year, filings show.

   Yeah... as a US citizen and taxpayer I think I'd like that $4 billion back.

   1. tt24 · 1790864368 · focus · HN ↗

      Don’t worry, you won’t be getting any of that money. It’ll be going in entirety to the utility monster (bottom quintile)

      1. username223 · 1790867041 · focus · HN ↗

         Those utility monsters contain about 9000 grams of protein apiece when fully grown! They're a bargain compared to your typical protein powder.

         1. kurthr · 1790867411 · focus · HN ↗

            Do you prefer yours Red or Green?

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