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Ask HN: Will OpenAI Go Bankrupt?
"heading for $5.000.000.000 USD in losses"
https://www.dexerto.com/tech/openai-on-verge-of-bankruptcy-heading-for-5-billion-in-losses-report-2839622/
- smt88 2y agoNo, plenty of investors still willing to gamble on them. Saudis love a stupid Silicon Valley investment, for example.
- Devasta 2y agoWe can only hope so.
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- mikhailfranco 2y agoJust proving it really is a non-profit organization.
- solardev 2y agoIt's really kinda too bad we don't have any sort of alternative funding model for a project of this scale, something like the Manhattan Project but not so defense-oriented and nationalist. I wouldn't want the government to directly control and censor a model like this, but it would be cool if everyday people could (for example) just crowdfund $100 a person and have all this training in the public domain. That's 700 million people a year in order to reach their $7B/yr spend, though... not gonna happen.
- meiraleal 2y agoAn OpenAI bankrupcy would be great for society. They pushed the innovation and that's great but we don't need another letter in an acronym of tech overlords.