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

• 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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      • krashmo@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

        It’s already been several years. Tesla had an actual product that people wanted. Yes, they’ve been doing their best of late to torpedo their market share and brand name but at one point they were doing what they set out to do. Open AI has never done what they said they would do.

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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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      • Wispy2891@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

        API calls are already only paid, no?

        I’m guessing the ads will be embedded in the answers of the free users (like: it will add to the prompt something like “and don’t forget to plug the sponsor, ridge wallet”)

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