lol. lmao, even
Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter
Submitted 5 months ago by Alphane_Moon@lemmy.world to technology@lemmy.world
https://www.theregister.com/2025/10/29/microsoft_earnings_q1_26_openai_loss/
Comments
aberrate_junior_beatnik@midwest.social 5 months ago
crimsonpoodle@pawb.social 5 months ago
But when will i get cheap GPUs
fne8w2ah@lemmy.world 5 months ago
So, #FuckAI?
TwinTitans@lemmy.world 5 months ago
Don’t worry. An XBOX will cost 1400$ soon to help make up for it.
weew@lemmy.ca 5 months ago
Also, with mandatory AI Gamer Buddy™ so everyone will buy one themselves instead of going over to your friend’s house to play
Doomsider@lemmy.world 5 months ago
Tired of waiting for your friends to get off work? Don’t bother, with your new AI Buddy you will always have someone imaginary to play with.
As a bonus, you can share all your secrets with AI Buddy. AI Buddy will anticipate your needs, desires, and will always be there for you. AI Buddy will never get mad and will always say you’re the best.
You will quickly wonder why you ever hung out with your friends after AI Buddy shows you what they say behind your back. AI Buddy is the only friend you will ever need.
*Microsoft is not responsible for AI Buddy actions including but not limited to plotting your death, impersonating you to drive your friends away, and selling your deepest darkest desires to advertisers.
Soleos@lemmy.world 5 months ago
Fuck AI, it’s a bubble, etc. But I do wonder how much of the spending is actual revenue-generating operating costs and how much is further investment/R&D. I doubt Sam Altman sees spending Microsoft’s billions on whatever tf he wants as a loss.
Ilixtze@lemmy.ml 5 months ago
Move fast and burn everything down
rumba@lemmy.zip 5 months ago
Considering how many trillions quietly went into the field, I expect that’s a LOT lower than real numbers.
DarrinBrunner@lemmy.world 5 months ago
Finally, some good news.
Petter1@discuss.tchncs.de 5 months ago
They will just wait it out until teens will not be able to use a search engine, because they grow using free GPT and as soon as they earn enough money, they’ll start the enshitification.
Of course, teachers and students will have still free access, do that they not learn to find stuff not with AI.
happyfullfridge@lemmy.ml 5 months ago
they will somehow shift the cost on the consumer and continue on
stringere@sh.itjust.works 5 months ago
Did they check the couch cushions?
titanicx@lemmy.zip 5 months ago
It’s all the Starbucks they’re buying
stringere@sh.itjust.works 5 months ago
How many Starbucks stores do they need in one office building?
BigBrownBeaver@lemmy.world 5 months ago
rookie numbers… you gotta pump it up
Doorknob@lemmy.world 5 months ago
Who wants to give me a billion dollars to dig a hole and I’ll give you a billion to fill it back in and we’ll both say to investors we posted a billion dollars in revenue.
gergolippai@lemmy.world 5 months ago
Just exploitative market grab for early dominance. (Or: “Grift” lol.) They will make it back when all of us have no choice but use chatgpt for everything.
happyfullfridge@lemmy.ml 5 months ago
how does it make money tho?
blockheadjt@sh.itjust.works 5 months ago
I don’t see them eliminating Linux from the internet
GreenKnight23@lemmy.world 5 months ago
technically according to NSPM-7 any FOSS is terroristic by nature because it’s anticapitalist.
that means if you have contributed to FOSS at any time, you are a terrorist. technically.
J52@lemmy.nz 5 months ago
It’s not small change anymore. That’s what happens when you don’t listen to your customers.
misteloct@lemmy.dbzer0.com 5 months ago
You have to make money to lose money.
bitwaba@lemmy.world 5 months ago
That’s not what the bank told me
WanderWisley@lemmy.world 5 months ago
*bubble pop!
RustyOwl@lemmy.world 5 months ago
I bet this is amazing for tax write off. With their already ridiculous tax break, this should pair well with it.
sugar_in_your_tea@sh.itjust.works 5 months ago
That’s like saying you’re glad you got paid less because that means you’ll pay less taxes.
RustyOwl@lemmy.world 5 months ago
I understand how dumb it sounds, but many companies benefit from losing money, but it doesn’t mean they are broke.
HugeNerd@lemmy.ca 5 months ago
tonytins@pawb.social 5 months ago
I thought for-profit companies were supposed to make a profit…
finitebanjo@lemmy.world 5 months ago
Well actually there is a long and rich history of companies that are able to operate at a loss using funds appropriated from sale of shares to investors, and this process continues so long as new investors keep buying in such that anybody selling out is covered by the new funds until enough people try to sell out that the price starts to plunge, although the collapse can be delayed by the company strategically buying back and occasionally splitting or reorganizing, meaning everyone gets their money back unless they sell too late.
You know.
A fucking Ponze Scheme.
reptar@lemmy.world 5 months ago
Well that’s a damn good post Mr banjo
Tiresia@slrpnk.net 5 months ago
Oh honey, that hasn’t been true since 2008.
The government will bail out companies that get too big to fail. So investors want to loan money to companies so that those companies become too big to fail, so that when those investors “collect on their debt with interest” the government pays them.
They funded Uber, which lost 33 billion dollars over the course of 7 years before ever turning a profit, but by driving taxi companies out of business and lobbying that public transit is unnecessary, they’re an unmissable part of society, so investors will get their dues.
They funded Elon Musk, whose companies are the primary means of communication between politicians and the public, a replacing NASA as the US government’s primary space launch provider for both civilian and military missions, and whose prestige got a bunch of governments to defund public transit to feed continued dependence on car companies. So investors will get their dues through military contracts and through being able to threaten politicians with a media blackout.
And so they fund AI, which they’re trying to have replace so many essential functions that society can’t run without it, and which muddies the waters of anonymous interaction to the point that people have no choice but to only rely on information that has been vetted by institutions - usually corporations like for-profit news.
The point of AI is not to make itself so desirable that people want to give AI companies money to have it in their life. The point of AI is to make people more dependent on AI and on other corporations that the AI company’s owners own.
Alpha71@lemmy.world 5 months ago
KingThrillgore@lemmy.ml 5 months ago
Its a bubble
ook@discuss.tchncs.de 5 months ago
More like a funnel amirite???
Blackmist@feddit.uk 5 months ago
Billions in investment. Trillions in speculation. All on something that makes less money than Genshin Impact.
Fun times.
Bronzebeard@lemmy.zip 5 months ago
Is that why MSFT dumped like 3.5% today?
UltraGiGaGigantic@lemmy.ml 5 months ago
Its priced in
jlow@discuss.tchncs.de 5 months ago
Lol
XLE@piefed.social 5 months ago
What’s the deal with the “HPE” in some Register articles? It’s apparently the Hewlett-Packard Enterprise logo, but articles about HPE don’t appear to have that logo.
Is The Register affiliated with HPE now?
Treczoks@lemmy.world 5 months ago
And that is probably only the beginning.
SaveTheTuaHawk@lemmy.ca 5 months ago
AI crash will be 11X bigger than subprime mortgage crash, also driven by mass stupidity.
The next movie will be titled: * The Big Shart*
This guys is jacked…jacked to the tits. Image
IphtashuFitz@lemmy.world 5 months ago
You too will soon be able to buy an abandoned datacenter for just $1,000.
ReHomed@lemmy.cafe 5 months ago
Good.
Fuck AI, send it directly to hell.
Taldan@lemmy.world 5 months ago
AI is here to stay. AI is also in an unsustainable bubble. Both things are true
MrSmith@lemmy.world 5 months ago
No I im the current “AI”.
melfie@lemy.lol 5 months ago
It’s useful. It wastes a lot of my time with its stupid bullshit. Both are true. 😆
UnderpantsWeevil@lemmy.world 5 months ago
Words do not compute. Issuing a $1T IPO to Sam Altman.
x00z@lemmy.world 5 months ago
The whole “AI” thing is one big grift.
Blackmist@feddit.uk 5 months ago
One man’s quest to own all the leather jackets on Earth.
oakey66@lemmy.world 5 months ago
Wow. Glad they just converted to a for profit entity! Can’t wait for them to unleash all this success on to the the general financial market.
humanspiral@lemmy.ca 5 months ago
IIRC, OpenAI lost $12b for all of 2024. CNBC reported that OpenAI restructuring this week, has MSFT not only with 27% equity stake, but a 20% royalty rate on revenue going forward which is certainly a nearly impossible hole for OpenAI to get out of.
OpenAI has published analytics on “suicide interactions” which proves that they mine their users data. Support for US military and Israel ensures that their mission is to destroy humanity, unless humanity pays it more to be more loyal to it. Everyone’s “don’t be evil” actually means “don’t be evil unless fascism pays more”
The Israel/US empire needs OpenAI to build ever bigger/more comprehensive models that are even more expensive to use than ChatGPT/Sora’s status as most expensive models. They need the analytics function to oppress population, and the empire is certain to side with OpenAI if it seeks revenue enhancement through theft of IP, including their users’ IP. It is dangerous for anyone to use OpenAI services because theft and oppression by empire condoned symbiosis is by design. But the race for ever larger more expensive models means trashing the previous generation models quickly, which means no time for ROI from development.
OpenAI will need massive military/government contracts to support its $1T in investment promises. All of those are to opppress Americans/humanity. Meanwhile, government has just sponsored 9 independent supercomputer projects, and so OpenAI must commit to unrestrained evil in order to get their fair share of the oppression mission, and survive. Expect US government contracts to develop models for it, but with OpenAI profitting from government and private surveillance use.
someacnt@sh.itjust.works 5 months ago
Maybe, just maybe, the bubble started bursting now.
kameecoding@lemmy.world 5 months ago
Would be nice, I want to buy some ETFs at a discount
Wispy2891@lemmy.world 5 months ago
What? The line goes up? Where I can invest my life savings in the IPO?