4 ms·
Opera browser was not profitable for like 15 years and still became rather profitable eventually to make an attractive target to purchase by external investors.
by fpoling 2y ago
Opera browser was not profitable for like 15 years and still became rather profitable eventually to make an attractive target to purchase by external investors. And even if not bough it would still made nice profit eventually for the original investors.
- darkwater 2y agoOpera is a shady advertisers cesspool since it was purchased.
- behnamoh 2y agoYou can't burn money in AI for 15 years on the off chance that it’ll pay off.
- kcatskcolbdi 2y agoIt seems like most people are on the road to doing exactly this.
- bigyabai 2y agoI dunno, Nvidia worked on machine learning for 11+ years and it worked out great for them: https://research.nvidia.com/research-area/machine-learning-artificial-intelligence https://research.nvidia.com/research-area/machine-learning-a...
- tsimionescu 2y agoSure, but they were making tons of money elsewhere. OpenAI has no source of revenue anywhere big enough to cover its expenses, it's just burning investor cash at the moment.
- tom_m 2y agoNo, but you can let others burn money for 15 years and then come in and profit off their work while they go under.
- snackernews 2y agoIt worked for Uber’s investors.
- xnx 2y agoOpera doesn't have the same size data center bill as OpenAI
- snackernews 2y agoOpera had zero marginal costs. OpenAI doesn’t.