Comment on Oracle made a $300 billion bet on OpenAI. It's paying the price.

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TheGrandNagus@lemmy.world ⁨2⁩ ⁨days⁩ ago

OpenAI is pretty well established.

I know Lemmy users avoid it, but a lot of people use LLMs, and when most people think LLMs, they think ChatGPT. I doubt the average person could name many or even any others.

That means whenever these people want to use an LLM, they automatically go to OpenAI.

As for to the degree of $300bn, who knows. Big tech has had crazy valuations for a long time.

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