No, this is Sparta

Not when the government steps in because OpenAI, NVIDIA, Microsoft, etc are all going down together. There is so much pseudo-money-laundering going on between those companies. I would be shocked if the government (e.g. 2008 style socialism for the rich) steps in to make them “too big to fail”.

Something something true capitalism has never been tried before

Exactly - private profits, public losses, is quintessential neoliberal capitalism.

In unconstrained socialism, a small group of powerful individuals use government control of corporations for their personal benefit.

In unconstrained capitalism, a small group of powerful individuals use corporate control of government for their personal benefit.

Clearly, these outcomes are completely different.

Bailouts are not capitalism