dmix3 minutes ago
> Hyperion will be exempt from state and local sales and use taxes on its data center equipment for the next 20 years, which includes the GPUs that train and develop AI models. Sherwood News estimated that since the state’s combined state and local sales tax stands at 9.56%, spending the roughly $35 billion for the GPUs of the center will hand the firm about $3.3 billion in tax breaks.
Protagorist43 minutes ago
So glad to see small companies like this get a leg up.
repelsteeltje36 minutes ago
Seems only fair that we pay our taxes when those are used to subsidize such lofty endeavours.
giancarlostoro6 minutes ago
Now if they can actually do something with AI that is meaningful? I assume Mark is trying to reach for like some crazy goal instead of just getting reasonable products to market. I've known the type of person who chases the stars instead of just taking their time, building up the core and then snowballing into greatness.