Comment by YetAnotherNick
2 months ago
Tyson Foods, Cargill, JBS, and National Beef controls roughly 85% of the U.S. beef market
CVS Caremark, Express Scripts, and OptumRx manage over 80% of all prescriptions in the U.S
Amazon buys 50% of all books.
These examples are even more extreme than at least 3 major clouds present in the US buying hardware.
The parent comment specified a company that has never turned a profit cornering the entire market.
Not even sure which company are they referring to. I assumed Amazon or Google or Microsoft or Oracle, but all of them have turned profit.
I don't think OpenAI purchase even comes even close to any of these.
Well, you think wrong. OpenAI is the one that pre-hired 40% of the world's memory fab capacity.
And if you are going to protest with the common "OpenAI doesn't even build datacenters themselves!", yes, they don't, and it's a complete non-sequitur.