this post was submitted on 19 Aug 2025
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Fuck AI

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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

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Per Ed Zitron, CoreWeave may be the canary in the ai bubble coal mine.

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[–] vane@lemmy.world 4 points 3 weeks ago* (last edited 3 weeks ago)

Not this year. CoreWave is literally Microsoft outsourcing hardware if you read their s1.

For the years ended December 31, 2023 and 2024, our largest customer was Microsoft, which accounted for 35% and 62% of our revenue, respectively

https://www.sec.gov/Archives/edgar/data/1769628/000119312525044231/d899798ds1.htm