- BarneyPiccolo@lemmy.todayEnglish11 hours
They’ll pay the government a big fine, but still keep 99% of the profits from their crime. None of it will benefit the consumers who are the victims.
This is always about paying the government its vig. Uncle Sam needs to get his beak wet.
- TheMinister@sh.itjust.worksEnglish11 hours
Now do the same thing with all the other industries colluding to drive up prices. Maybe we can get rid of this pesky old capitalism piecemeal.
- SirEDCaLot@lemmy.todayEnglish20 hours
I’d like to see a lawsuit like this against OpenAI.
They bought a combined total of 40% of the world’s 2026 memory production- not as usable modules, but as finished wafers. Those wafers have to be sliced into individual chips, which are then tested (binned) and packaged into modules, which themselves get mounted on a PCB with some support circuity to make a DIMM.
OpenAI (as far as I know) doesn’t have the equipment to do that.
So chances are those finished wafers are either in the trash or sitting in a warehouse somewhere.Question becomes- to what end? To drive up prices for other AI companies? To manipulate the market and then sell those wafers in small batches at great premium?
IMHO- unless they can show those wafers have been processed packaged and put in servers, they should also be sued.
- 11 hours
They did not buy the RAM. They said they want to buy 40% of the world RAM and then they said nope we cancel. It was a non binsing agreemant.
- percent@infosec.pubEnglish20 hours
So chances are those finished wafers are either in the trash or sitting in a warehouse somewhere
Is this only based on the assumption that they don’t own their own equipment to manufacture DIMMs, or is there some other context to support this?
I would have guessed that they’d send the wafers to some company who has the equipment. That would seem pretty normal to me (though all of my manufacturing experience was with much simpler products at a much smaller scale).
- SirEDCaLot@lemmy.todayEnglish19 hours
I’ve not been able to find any solid intel on what actually happened to the wafers.
Thing is though- cutting wafers and packaging can be done at any fab so in theory they could find an older fab with excess capacity and pay them to do some of it.
Binning however requires some more specialized equipment, that from what I understand is more specific to the type of chips you’re making. This is where you test each individual chip- out of a wafer you’ll get some great ones, some good ones, some bad ones, and some that don’t work at all. Thus ‘binning’ is taking a stream of chips and sorting them into bins by their maximum speed, stability, etc.
You might find a fab that has the equipment to bin DRAM chips but not the means to manufacture those chips. Still it seems an odd use of resources to get into the chip production business when your core business has nothing to do with chips.- percent@infosec.pubEnglish18 hours
IMO, nothing (or, more accurately: everything) is odd in the AI industry. AI companies have had to buy compute resources from rivals. Hardware manufacturers can’t ramp up fast enough to meet demand. Data centers can’t be built fast enough. Energy production is a bottleneck. Three Mile Island is being resurrected. SpaceX now owns xAI, plans to buy Cursor, and is unironically considering building data centers in orbit. Software security vulnerabilities are being discovered/revealed at an alarming rate.
Honestly, OpenAI buying wafers seems kinda tame at this point 😅
- 24 hours
My prediction is: There will be a settlement. Neither party will admit wrongdoing. The settlement money will go to the lawyers. The corporations’ right to manipulate the market will be enshrined.
- thepig@lemmy.zipEnglish2 days
Fuck my life, everything is a grift and a cash grab, monopolies are everywhere and our lives get shittier by the day
- cunnililgus@sopuli.xyzEnglish12 hours
It just is the most efficient way to make money short term, so its the capitalist way to go. We’re in the endgame now.
- 19 hours
And a ton of dipshits voted for the people who said they were going to do just that, and are surprised that it did, just that.
2 daysCan you really call it a bombshell when they’re doing it out in the open? And everybody can see they are doing it? And they are in no way trying to hide it or justify their actions?
- 11 hours
Not only that, on multiple occasions they even said it in interviews that years in advance there were agreements between them and plans on the future.
- cadekat@pawb.socialEnglish2 days
The lawsuit is the bombshell I guess?
Also it wasn’t obvious to me that RAM manufacturers were artificially inflating prices. It’s plausible to me that the stupid AI bubble is actually consuming that much of the supply.
- Encrypt-Keeper@lemmy.worldEnglish20 hours
This isn’t even the first time these exact three companies have been caught doing this. Their executives even went to prison last time.
Article says this is about DDR3 and DDR4 RAM, so it seems unlikely data centers are directly to blame.
- 2 days
I am in Japan where they have just discovered a cartel of ice cream manufacturers pushing up prices. Supply and demand. This is capitalism, baby!
This is a lawsuit, right? It’ll go through a few judges’ hands on appeals and what not and by the time the companies get their slap on the wrist in 2-5 years they will have made so much money it doesn’t matter.
- abc@suppo.fiEnglish2 days
Supply and demand. This is capitalism, baby!
This but unironically.
Cartels are illegal for a reason though so interesting to see if the RAM situation has been a cartel.
- pinball_wizard@lemmy.zipEnglish1 day
Supply and demand sounds nice, but then innocent citizens can still get arrested for following their own economic interests and chipping in on a GoFundMe whose only crime was hiring a ninja to threaten these RAM company assholes who are too rich for normal laws to keep them in check.
This is a joke, of course. I would never do anything like that - because I don’t understand how BitCoin works. I mean, because of moral and good citizen reasons. That was another joke, your honor.
- belochka@lemmy.worldEnglish2 days
Of what I’ve read about Japan, a cartel being considered something bad in the society is an improvement.
- k0e3@lemmy.caEnglish2 days
Can you elaborate? As someone living in Japan for over 15 years, I’m not sure what you mean? Are you implying we welcomed cartels in the past?
- belochka@lemmy.worldEnglish2 days
More oligopolies than cartels, but zaibatsu are a common stereotype as something culturally normal for Japan, yes.
- k0e3@lemmy.caEnglish1 day
Yeah but I didn’t think price controlling was that big of a deal because it was always a race to the bottom hence the deflation. They even tried to break up the mobile phone prices by introducing more mvnos. But you’re right; now that you mention it, zaibatsu and mega holdings are pretty common in Japan and people don’t seem to know or care.
