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David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 1 day ago

Banks turn data centre loans into 2008-style financial time bombs

pivot-to-ai.com

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Banks turn data centre loans into 2008-style financial time bombs

pivot-to-ai.com

David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 1 day ago
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An asset bubble is an opportunity. By late 2024, financiers were already constructing collateralised GPU obligations, lending against video cards. CoreWeave borrows against its Nvidia GPUs — which …

party like it’s 2007

https://www.youtube.com/watch?v=LuBlliJ8QMU&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260511-banks-turn-data-centre-loans-into-2008-style-time-bombs - podcast

time: 5 min 40 sec

  • BlueMonday1984@awful.systems
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    1 day ago

    🎶 We’re doing a sequel, we’re back by popular demand…

    (Muppets: Most Wanted was fun, I should rewatch that)

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here’s the place to vent. Orange site, VC foolishness, all welcome.

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