Isn’t the SpaceX also losing billions of dollars? Didn’t prevent them from reaching 2T valuation
Pawtuckaway on
Surprising absolutely no one
barnett25 on
I am confused. Why is this being presented as „loss“ rather than „investment“? Is there anyone out there who doesn’t know that OpenAI has went all-in on datacenter expansion? This seems disingenuous.
providencetoday on
Good things happen to good people
galactictock on
This was pretty obvious. It was known that the most common subscription plans were losing money, and many just use the free models.
This-Requirement6918 on
I’m not sorry I keep making it generate sexy guys in questionable attire and positions.
daxter_101 on
Looks like ipos who are losing the most, make the biggest gains.
So look for this to inverse logic
Mammoth-Talk1531 on
Pop the bubble! Pop the bubble!
robustofilth on
Basic arithmetic already told me that
CircumspectCapybara on
That’s…every frontier AI lab.
And every tech startup ever. The playbook is always to burn investor money on aggressive growth and R&D, in a moonshot bet against some future paradigm or novel breakthrough that doesn’t exist yet but you’re hoping either to get in on the ground floor of, or to straight up invent and manufacture demand for.
No startup ever became a unicorn by playing it safe. They always take on huge risk and huge early losses in hopes that their moonshot bet pays off. In a select few startups, the investment pays off and they disrupt and transform some industry or multiple.
spez_eats_nazi_ass on
A lot of people owe Ed Zitron apologies. So get to it. It’s not going to suck itself.
AntiTrollSquad on
Can I have my RAM, graphic cards and HDs now?
Ok-Mycologist-3829 on
No shit, Sherlock, we did not need leaks to know that
SlapThatAce on
So what? What’s money anyway?
garathnor on
we didnt need these docs to know they were hemorraging money lol
cspinelive on
AI is obviously powerful and could certainly be used for the public good. Yes it is expensive. No it isn’t commercially viable.
Does it eventually get treated like a utility or the post office and stay around that way?
vindico1 on
They all are.
ClearwaterAB on
So 3 trillion then? Got it.
Ueli-Maurer-123 on
when is something an investment and when is it a loss?
Sletzer on
No shit?
Fantastic_Ninja_5789 on
Early morning waking up to good news. Wow.
Whargod on
No kidding, most of these companies don’t have billions, they barely have enough money to operate. Whenever the likes of Microsoft or some other big provider „invest“ in these companies and it hits the headlines they’re actually just giving credit to cloud servers and the like. No money.
nemofbaby2014 on
we all know this because ai is not profitable at all until our power generation is revolutionized
xVolta on
Don’t worry, OpenAI will be fine, it’s just your money they’re losing.
Maxfunky on
It’s like pets.com losing money on every bag of kitty litter they shipped but expecting to somehow „make it up with volume“.
moneywiseteam on
the IPO’s still gonna be a monster. good luck convincing the masses not to buy into what they’ll see as a piece of history.
34 Kommentare
So….. Next biggest IPO ever?
Isn’t the SpaceX also losing billions of dollars? Didn’t prevent them from reaching 2T valuation
Surprising absolutely no one
I am confused. Why is this being presented as „loss“ rather than „investment“? Is there anyone out there who doesn’t know that OpenAI has went all-in on datacenter expansion? This seems disingenuous.
Good things happen to good people
This was pretty obvious. It was known that the most common subscription plans were losing money, and many just use the free models.
I’m not sorry I keep making it generate sexy guys in questionable attire and positions.
Looks like ipos who are losing the most, make the biggest gains.
So look for this to inverse logic
Pop the bubble! Pop the bubble!
Basic arithmetic already told me that
That’s…every frontier AI lab.
And every tech startup ever. The playbook is always to burn investor money on aggressive growth and R&D, in a moonshot bet against some future paradigm or novel breakthrough that doesn’t exist yet but you’re hoping either to get in on the ground floor of, or to straight up invent and manufacture demand for.
No startup ever became a unicorn by playing it safe. They always take on huge risk and huge early losses in hopes that their moonshot bet pays off. In a select few startups, the investment pays off and they disrupt and transform some industry or multiple.
A lot of people owe Ed Zitron apologies. So get to it. It’s not going to suck itself.
Can I have my RAM, graphic cards and HDs now?
No shit, Sherlock, we did not need leaks to know that
So what? What’s money anyway?
we didnt need these docs to know they were hemorraging money lol
AI is obviously powerful and could certainly be used for the public good. Yes it is expensive. No it isn’t commercially viable.
Does it eventually get treated like a utility or the post office and stay around that way?
They all are.
So 3 trillion then? Got it.
when is something an investment and when is it a loss?
No shit?
Early morning waking up to good news. Wow.
No kidding, most of these companies don’t have billions, they barely have enough money to operate. Whenever the likes of Microsoft or some other big provider „invest“ in these companies and it hits the headlines they’re actually just giving credit to cloud servers and the like. No money.
we all know this because ai is not profitable at all until our power generation is revolutionized
Don’t worry, OpenAI will be fine, it’s just your money they’re losing.
It’s like pets.com losing money on every bag of kitty litter they shipped but expecting to somehow „make it up with volume“.
the IPO’s still gonna be a monster. good luck convincing the masses not to buy into what they’ll see as a piece of history.
I’m so happy for them.
OpenAI isn’t even the worst.
https://isaiprofitable.com
Loss is just a mindset don’t you know? Vibe investing is in ya’ll.
Leaked? Isn’t that in their public financial records?
It’s a bubble. The media needs to stop hyping it
This is a key move from the Bret Maverick school of finance.
Promise to lose money for at least 5 years.
Get them hooked
Rob them blind
I could’ve said that without leaking any documents 😂