GoPro joins AI bonanza with pivot into data centers as shares skyrocket 40%

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Submitted ⁨⁨1⁩ ⁨day⁩ ago⁩ by ⁨themachinestops@lemmy.dbzer0.com⁩ to ⁨technology@beehaw.org⁩

https://www.cnbc.com/2026/09/01/gopro-stock-ai-data-centers.html

cross-posted from: lemmy.dbzer0.com/post/75217466

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halm@leminal.space ⁨1⁩ ⁨day⁩ ago

The company will move into AI data center and defense markets.

Cool, cool. Burning the world while also joining the military complex. Good riddance, GoPro.

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superglue@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago
Can anyone recommend an alternative?

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- chahk@beehaw.org ⁨13⁩ ⁨hours⁩ ago
  Alternative to what? DJI, Insta360, and many others have been eating GoPro’s lunch in action cam market for a decade now.
  
  Other than promises, what did GoPro actually make in the last 5 years that was better than the competition?
  
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verily@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago
This announcement will make YouTuber Markiplier $8,423,753 richer.

As part of the deal, the company’s shareholders will receive a $285 million cash payment, or $1.14 per share, and the stock will remain listed on the Nasdaq.

One of the shareholders benefiting most from the news is Youtuber Markiplier, who acquired a massive 8.5% stake, according to a July 13 filing. Private equity firm BlackRock also disclosed a 6.4% stake earlier this summer.

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- MrQuallzin@pie.eyeofthestorm.place ⁨12⁩ ⁨hours⁩ ago
  A fact that he was completely blindsided on. He’s all in on the camera side, and had he known about this happening he wouldn’t have bought in at all.
  
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