Comment by nolok

The tech giants have a lot of cash-flow to burn, and at this point it's better for their investors that they do rather than admit it was a loss or the stock value would fall.

It might be a huge pile of cards but this time they have the coffers for it, if/when it falls it will be from one of the fake it till you make it companies like openai that are built on promises (and frankly their revenue numbers are no where near their promised spend so they seem dependant on more and more deals)