Comment on Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter
Zwuzelmaus@feddit.org 12 hours ago
But that’s what they wanted anyway, isn’t it?
Burning shitloads of money.
Waiting until they can later, finally, rule the world.
Comment on Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter
Zwuzelmaus@feddit.org 12 hours ago
But that’s what they wanted anyway, isn’t it?
Burning shitloads of money.
Waiting until they can later, finally, rule the world.
zaphod@sopuli.xyz 11 hours ago
Yeah, the usual startup approach. Burn investor money to get into the market (or in this case create a market) by offering services below cost. Once they have enough users and their investors want their money back they’ll ramp up prices.
RedGreenBlue@lemmy.zip 10 hours ago
Problem is they are competing with cheap web services like deepseek and local free models. Those alternatives are gonna become more popular when chatgpt starts charging.
They are spending like crazy in the hope for some inovation that will give them an advantage that others can’t copy for cheap. That is a very difficult thing to accomplish. I bet they will fail. That money ain’t coming back.
CheeseNoodle@lemmy.world 9 hours ago
I’ve been looking into local models lately, mostly out of vague paranoia that I should get one up and running before it becomes defacto illegal for normal people to own due to some kind of regulatory capture. Seems fairly doable at the momeny though not particularly user friendly.
sobchak@programming.dev 7 hours ago
They’re OK. It’s kinda amazing how much lossy data can be compressed into a 12GB model. They don’t really start to get comparable to the large frontier models until 70B+ parameters, and you would need serious hardware to run those.