This seems like an ad hominem attack, are his numbers incorrect?
Off the top of my head I think that he might’ve gotten inference costs wrong in an article and then corrected it, but usually I don’t see many people poking holes in his numbers.
>By the end of the year, Microsoft, Amazon, Google and Meta will have spent over $400bn in capital expenditures, much of it focused on building AI infrastructure, on top of $228.4bn in capital expenditures in 2024
but doesn't mention those companies made over $320bn profit in 2024 so they are not really going bust over this stuff.