Comment on Microsoft’s $440 billion wipeout, and investors angry about OpenAI’s debt, explained

empireOfLove2@lemmy.dbzer0.com ⁨2⁩ ⁨weeks⁩ ago

• FiniteBanjo@feddit.online ⁨2⁩ ⁨weeks⁩ ago

  Since OpenAI just announced the possibility of bankruptcy, it’s definitely coming. It’s going to be wild for whichever idiot in charge at MS to go down in history as the man who ruined one of the most powerful and integral companies on earth.

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  • zqwzzle@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

    Wait, where? I wanna read and savour it.

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    • FiniteBanjo@feddit.online ⁨2⁩ ⁨weeks⁩ ago

      idk, it was late last year that Sam said he expected OpenAI revenue to grow steeply, but also that if it doesn’t then the company could go bankrupt by 2027 at the latest.

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      • KuzhinierSileon@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

        Image

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    • vane@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      In her new letter to OpenAI, Senator Warren requested additional information regarding OpenAI’s business model, its plans to fulfill its spending commitments, and its appeal to the White House for taxpayer support by February 13, 2026.

      There is big shit show going on.

      …senate.gov/…/warren-presses-openai-ceo-on-spendi…

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    • otter@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

      I found this

      tomshardware.com/…/openai-could-reportedly-run-ou…

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      • ShaggySnacks@lemmy.myserv.one ⁨2⁩ ⁨weeks⁩ ago

        I’m here hoping the bankruptcy of OpenAi happens sooner.

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  • gustofwind@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    lol they havnt even put the ads in yet

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    • FiniteBanjo@feddit.online ⁨2⁩ ⁨weeks⁩ ago

      They don’t have a product with any actual value or use cases. The ads aren’t going to reverse that.

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      • gustofwind@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

        I think we’re quite a long way off before they actually crash and burn, if they ever do. We have no idea how much money the ads will inject and they also receive significant government contracts and will probably get a lot more going forward

        If the market can pretend Tesla is worth so much i think it can easily sustain AI for many years

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      • Baggie@lemmy.zip ⁨2⁩ ⁨weeks⁩ ago

        How would that even work as well? The ads will be in the website, doesn’t most stuff run through API calls? If you force everyone to start paying per call, the business model falls apart instantly.

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• BarneyPiccolo@lemmy.today ⁨2⁩ ⁨weeks⁩ ago

  I’m ready for all those tech psychos to go down, and take Tesla with them.

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• Zorsith@lemmy.blahaj.zone ⁨2⁩ ⁨weeks⁩ ago

  Doubt that’ll happen for a few mor years unfortunately. I can’t imagine most of the hardware made for AI datacenters is compatible with consumer stuff :/

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  • Strider@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    Yep the good times are over for now

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• Tattorack@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  So much money is tied up in AI, that when it crashes you’re likely to end up poor, or worse, homeless, than being able to afford anything.

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• Corkyskog@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago

  I wonder how fast you could run Farcry on one of those AI GPU units.

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  • SkunkWorkz@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    Pretty sure MS will just seize the OpenAi data centers and repurpose them for Azure and rent out compute time or use it for XBox streaming. Non of the hardware will reach the open market.

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    • Ajen@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago

      Regardless of who owns it or what they do with it, those GPUs will get sold on the used market with plenty of life left. Older AI GPUs, networking equipment (eg 100GbE), SAS drives, etc have been easy to find on eBay and other sites for a long time, because data centers replace hardware long before it’s expected to fail.

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      • Corkyskog@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago

        Exactly. They have like an 8 year depreciation, but they supposedly become obsolete in a couple of years for whatever cutting edge AI is supposed to be.

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