Tech companies are taking on massive debt to fuel the artificial intelligence boom. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Do you agree with TYT's take? Tell us what you think in the comments below.
Go to https://trudiagnostic.com and use code 'TYT' for 20% off your entire order!
SUBSCRIBE today: β https://go.tyt.com/ytsubscribe
π₯ Tired of corporate media? Get honest news and bold commentary with TYT.
π² Click Subscribe β https://go.tyt.com/subscribe
π Hit the bell icon so you never miss an episode!
π«Ά Love this video? Leave a Super Thanks (π) and help power our work!
π§’ Grab official merch β https://go.tyt.com/shoptyt
β Become a TYT Member for perks & exclusive content β https://go.tyt.com/jointyt
Read more here: https://www.wsj.com/tech/oracle-broadcom-and-spacex-seek-blockbuster-debt-deals-to-pay-for-ai-chips-848e8032?mod=WSJ_home_feature_2_pos_3
"Big players in artificial intelligence are lining up a series of blockbuster financing deals to pay for computing hardware, part of a rush for capital as data-center build-outs race forward.
In recent weeks, Broadcom has been working to arrange more than $50 billion in financing for OpenAIβs custom artificial intelligence chip, which the firms are developing together, according to people familiar with the discussions."
***
Your Support is Crucial to the Show: https://go.tyt.com/jointoday
The largest online progressive news show in the world. Hosted by Cenk Uygur and Ana Kasparian. LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live
Help support our mission and get perks. Membership protects TYT's independence from corporate ownership and allows us to provide free live shows that speak truth to power for people around the world. See Perks: βΆ https://www.youtube.com/TheYoungTurks/join
TYT is the largest online news network in the country. It presents news, context and analysis. We have dozens of on-air hosts on half a dozen major channels on almost all the platforms. We also ha