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OpenAI's AI spending spree has ballooned to $750B
(techcrunch.com)
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this post was submitted on 26 Jul 2026
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Given that the fossil fuel industry receives an annual subsidy of $35 billion (not including the negative externalities that the industry is allowed to get away with), denying comparable subsidies to renewable energy projects encourages investors to invest in fossil fuels instead, stunting renewable energy growth and harming the environment in the process.