Some surprisingly sound reporting from The Verge's usually unhinged crazy Elizabeth Lopatto about deeply dubious datacenter holding company CoreWeave.
>But as I began to look more closely at the company, I began feeling like I'd accidentally stumbled on an eldritch horror. CoreWeave is saddled with massive debt and, except in the absolute best-case scenario of fast AI adoption, has no obvious path toward profitability. There are some eyebrow-raising accounting choices. And then, naturally, there are the huge insider sales of CoreWeave stock.
Yes, naturally there are those.
Wait, what?
>After I unfocused my eyes a little, I realized CoreWeave did make a horrible kind of sense: It's a tool to hedge other companies' risks and juice their profits. It's taking on the risk and the costs of building data centers that bigger tech companies can then rent while they build their own data centers which may very well wind up competing with CoreWeave. What's more, it's part of a whole stable of companies that are propping up demand for the behemoth of the AI boom: Nvidia.
The usual names pop up in the list of investors in CoreWeave. Nvidia is a major investor and is selling the company billions of dollars worth of GPUs, which CoreWeave then provides access to for customers like OpenAI and Microsoft, which are also major investors.
It also has billions in outstanding loans at variable interest rates.
>"We are taking a forward bet that it will continue to grow, and that not only will ChatGPT keep growing, but we will be able to become one of the important AI clouds, that our consumer device business will be a significant and important thing, that AI that can automate science will create huge value," he added.
@lain Would libertarians be happy with this as a free market solution or sad due to it being an infringement on the non-aggression principle as the river is now contained?
>An Indiana bankruptcy lawyer named Mark Zuckerberg has filed a lawsuit against the Meta CEO whose name he shares for repeatedly banning him on his social platforms. >It’s not easy being Mark Zuckerberg. No, not the Facebook founder, but an Indiana bankruptcy lawyer whose life has been negatively affected by sharing the younger tech maven’s name. Not only does he get over 100 emails every day from people who think that they are writing to the Meta chief executive officer, but he can rarely make a reservation at a restaurant without getting hung up on because people mistake him for a prankster. But the thing that irritates him the most is getting banned on Facebook and Instagram despite investing tens of thousands of dollars in ads for the simple reason that his name is Mark Zuckerberg.
>“My life sometimes feels like the Michael Jordan ESPN commercial, where a regular person’s name causes constant mixups,” Mark Zuckerberg complained.
The first is the i5 120, a six core part that has the exact same specs as the Core i5 12400 from 2022, mostly because that's what it is. Admittedly not an awful part, particularly if you didn't run a workload that would make good use of the "efficiency" cores, because it didn't have any of those.
The second is the i5 110, a six core part that has the exact same specs as the Core i5 10400 from 2020, mostly because... Yeah. The 10th generation chips didn't even have "efficiency" cores yet, so you're safe there. But you will need to find a five year old motherboard and DDR4 RAM for it, because none of this modern stuff will work.
I've noted for years that a system reporting a 50% CPU load was typically somewhere closer to 65% thanks to variable clock speeds and multi-threaded cores, and here are charts to demonstrate it. And it gets much worse with certain workloads - a processor running matrix math is typically at 100% load when it is reporting 50% load.