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Comment on ChatGPT In Trouble: OpenAI may go bankrupt by 2024, AI bot costs company $700,000 every day

What a silly article. 700,000 per day is ~256 million a year. Thats peanuts compared to the 10 billion they got from MS. With no new funding they could run for about a decade & this is one of the most promising new technologies in years. MS would never let the company fail due to lack of funding, its basically MS’s LLM play at this point.

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p03locke@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago
When you get articles like this, the first thing you should ask is “Who the fuck is Firstpost?”

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- altima_neo@lemmy.zip ⁨1⁩ ⁨year⁩ ago
  Yeah where the hell do these posters find these articles anyway? It’s always from blogs that repost stuff from somewhere else
  
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  - kakes@sh.itjust.works ⁨1⁩ ⁨year⁩ ago
    The difference is in who gets the ad money.
    
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Wats0ns@sh.itjust.works ⁨1⁩ ⁨year⁩ ago
Openai biggest spending is infrastructure, Whis is rented from… Microsoft. Even if the company fold, they will have given back to Microsoft most of the money invested

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- fidodo@lemm.ee ⁨1⁩ ⁨year⁩ ago
  MS is basically getting a ton of equity in exchange for cloud credits. That’s a ridiculously good deal for MS.
  
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lemmyvore@feddit.nl ⁨1⁩ ⁨year⁩ ago
I mean, you’re correct in the sense Microsoft basically owns their ass at this point, and that Microsoft doesn’t care if they make a loss because it’s sitting on a mountain of cash. So one way or another Microsoft is getting something cool out of it. But at the same time it’s still true that OpenAI’s business plan was unsustainable hyped hogwash.

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- chiliedogg@lemmy.world ⁨1⁩ ⁨year⁩ ago
  Their business plan got Microsoft to drop 10 billion dollars on them.
  
  None of my shitty plans have pulled that off.
  
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  - lemmyvore@feddit.nl ⁨1⁩ ⁨year⁩ ago
    If they got any of that into their own pockets kudos to them.
    
    Mainly they used it to pay for the tech and research and it’s all reverting back to Microsoft eventually. Going bankrupt is not quite the same as being acquired.
    
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- fidodo@lemm.ee ⁨1⁩ ⁨year⁩ ago
  Also, their biggest expenses are cloud expenses, and they use the MS cloud, so that basically means that Microsoft is getting a ton of equity in a hot startup in exchange for cloud credits which is a ridiculously good deal for MS. Zero chance MS would let them fail.
  
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c0mbatbag3l@lemmy.world ⁨1⁩ ⁨year⁩ ago
Almost every company uses either Google or Microsoft Office products and we already know that they’re working on an AI offering/solution for O365 integration, they can see the writing on the wall here and are going to profit massively as they include it in their E5 license structure or invent a new one that includes AI. Then they’ll recoup that investment in months.

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