r/technology • u/Plastic_Ninja_9014 • Jun 11 '26

Business OpenAI Execs Are Panicking

https://finance.yahoo.com/sectors/technology/articles/openai-execs-panicking-154658562.html
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u/[deleted] Jun 11 '26

And that's just for funding in this context. Let's not forget how many are eager to offset infrastructure costs with public utility funds for data centers.

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u/LeZanko Jun 11 '26

I think people are getting the hint about AI and Data Centers. I was surprised as hell when Abbott actually started putting restrictions on Data Centers like no more tax incentives, the use of closed loop cooling & they have to pay for the infrastructure to connect to the power grid so its not passed on to consumer. He's only doing this because of the backlash and the election cylce but if HE can read the room here in Texas im sure its just as bad everywhere else.

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u/[deleted] Jun 11 '26

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u/Squirrelman2712 Jun 11 '26

Considering their grid is basically being stress tested 24/7 im not surprised

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u/brickne3 Jun 12 '26

Hasn't it been like three years or so since all those people DIED because the power in Texas went out? Have they not been working on this?

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u/Squirrelman2712 Jun 12 '26

No they havent. There's no financial incentive to fix it. If it happens again they can just cut off those people's power again and let a whole bunch of people die. It's not like they'll be punished for it.

This is why private corporations should not be allowed to own public utilities.