His „valuation“ seems to go up $100 billion every week
tekprodfx16 on
Altman knows if his bubble pops openAI is taking everyone down with them. This is a market confidence evaluation knowing that they need to continue to prop up the idea that they are this valuable otherwise the market risks popping the bubble
braunyakka on
Dude is desperate to get his IPO before the whole WI market collapses, because it’s worthless.
_makoccino_ on
750B valuation for a company that is essentially a blackhole of funds and is expected to lose hundreds of millions annually for the foreseeable future?
Makes me think if Madoff had been a tech bro, he’d be a billionaire and walking free right now.
odin_the_wiggler on
Aaaaaaaaaaand it’s gone
paintray98 on
Soooo when’s the crash coming?
OooSheGotFreckles on
That’s what one does when you’re making money…
factoid_ on
What a great way to piss away money. Resistance to LLMs is only growing. People have realized how poor the quality of the output is and they have no path to making the models better via training using more and more data they’re stealing from everywhere they can
Kuiriel on
Huh. Are we already down from the 1 trillion dollar valuation people were talking about seeking from three weeks ago?
Oscar_Dot-Com on
AI is the tool of morons
Psychological_Ad1999 on
They promise to never have a profitable quarter
logosobscura on
So a few days ago it was $830B, now it’s $750B?
LMAO.
Farther_Dm53 on
Bro where is this money coming from there is no way there is that much moeny in the market for all these companies.
angrybobs on
This company will be one of the biggest fraud stories of all time within 5 years.
HomeHeatingTips on
The way consumers are turning their noses at paying for something someone created with an AI prompt, really don’t see all these AI companies finding the market they think is out there.
aravreddy22 on
Major Banks and Market Makers/Hedge funds are behind all this, no one is blaming them..
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His „valuation“ seems to go up $100 billion every week
Altman knows if his bubble pops openAI is taking everyone down with them. This is a market confidence evaluation knowing that they need to continue to prop up the idea that they are this valuable otherwise the market risks popping the bubble
Dude is desperate to get his IPO before the whole WI market collapses, because it’s worthless.
750B valuation for a company that is essentially a blackhole of funds and is expected to lose hundreds of millions annually for the foreseeable future?
Makes me think if Madoff had been a tech bro, he’d be a billionaire and walking free right now.
Aaaaaaaaaaand it’s gone
Soooo when’s the crash coming?
That’s what one does when you’re making money…
What a great way to piss away money. Resistance to LLMs is only growing. People have realized how poor the quality of the output is and they have no path to making the models better via training using more and more data they’re stealing from everywhere they can
Huh. Are we already down from the 1 trillion dollar valuation people were talking about seeking from three weeks ago?
AI is the tool of morons
They promise to never have a profitable quarter
So a few days ago it was $830B, now it’s $750B?
LMAO.
Bro where is this money coming from there is no way there is that much moeny in the market for all these companies.
This company will be one of the biggest fraud stories of all time within 5 years.
The way consumers are turning their noses at paying for something someone created with an AI prompt, really don’t see all these AI companies finding the market they think is out there.
Major Banks and Market Makers/Hedge funds are behind all this, no one is blaming them..