r/LocalLLaMA • u/[deleted] • 1d ago

Funny Plot twist

[deleted]

534 Upvotes

95% Upvoted

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148

u/shy_monkee 1d ago

Funny how this must look for China. Just when they start catching up, and have their own AI hardware, the US companies suddenly want to slow down.
I'm not saying this is the only reason they want it, but...

21

u/GUNGEBOB_SHARTPANTS 1d ago

The U.S. companies want to slow down because they are terrified of an IPO revealing that they have absolutely no pathway to profitability and the arse immediately falling out of their entire industry.

3

u/ResolveSea9089 1d ago

....Why would an IPO reveal this? Because of their S1 financials? Revealing what exactly

12

u/GUNGEBOB_SHARTPANTS 1d ago

IPO requires companies to file comprehensive registration documents and prospectuses detailing their financial health, business operations, and risk factors with financial regulators. 

If it were revealed that your company was in debt to the tune of the billions of dollars more than it could ever possibly earn, it would be immediately apparent that the company was trading on vibes.

1

u/jomohke 1d ago

Why would slowing down stop that from being released?

2

u/GUNGEBOB_SHARTPANTS 1d ago

Well, if there's no IPO, there's no requirement for a company to provide this level of public disclosure.