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OpenAI has raised $11 billion. $11 million is a drop in the bucket for them if it gets them more customers, more job applicants, etc.
by elil17 4y ago
OpenAI has raised $11 billion. $11 million is a drop in the bucket for them if it gets them more customers, more job applicants, etc.
- ldargin 4y agoAs it stands, its 3000 drops in a 3 gallon bucket.
- 93po 4y agoIt's 4 months out of 348 years.
- elil17 4y agoIt’s 11 million bananas out of 11 billion bananas
- elil17 4y agoI think it would actually be 227 drops in a 3 gallon bucket. However it's important to consider that it would be a mere 19 drops in a 1 quart pail. (based on 75k drops per gallon)
- KyleBerezin 4y agoSo there are around 15k drops per gallon. So a drop in a 3 gallon bucket would be 1/45,000th. That would make this approximately 45 drops in the bucket. I hope this data helps inform the discussion about the URL.
- mikepurvis 4y agoI wonder if they're looking to hire the kinds of people for whom having a vanity domain name like that would be a major deciding factor.
- taylorfinley 4y agoA substantial part of the bucket is filled with azure credits, rather than anything liquid (groan) Also, "we have so much money that we don't even need to think about the value we're getting by spending this $11M" is exactly the kind of thinking that leads to an inevitable fade into irrelevancy.
- elil17 4y agoAbout 500M is in the form of Azure credits. Those Azure credits should be as good as cash to OpenAI given that they are in the business of training AI models. Tesla paid 11M for tesla.com. Apple paid 6M for iCloud.com. They are still doing fine. And if either fails, it won't be because they bought domain names.