4 ms·
It's actually more like 100x their current revenue; they stated last week[0] that they have spending commitments for $1.4T of compute. Or, well, they stated th
by jsnell 11mo ago
It's actually more like 100x their current revenue; they stated last week[0] that they have spending commitments for $1.4T of compute.
Or, well, they stated that the TCO of the compute they have commitments for is $1.4T, which is a somewhat strange phrasing. I assume it's due to it being a mix of self-owned vs. rental compute, and what they mean is the TCO to OpenAI rather than the TCO to the owner of the compute.
[0] https://x.com/sama/status/1983584366547829073 https://x.com/sama/status/1983584366547829073
- JCM9 11mo agoThat’s absolutely insane. I get that folks are now just engaged in “keeping up with the Jones’” FOMO behavior but none of this is making any sense.
- gooodvibes 11mo agoThe real massive revenues that the big tech companies are having aren't going to disappear just because OpenAI goes away.
- DavidPiper 11mo agoThe real revenues of small and mid-sizes tech companies might, though. Which might be funny (in a Road Runner & Wile E. Coyote way) but only after considerable time and distance. Saying that, I think of those guys from The Big Short being reprimanded for celebrating their prediction of a market crash. The financial impact if the whole AI space loses even 50% of its current "valuation" will be huge. The financial impact of the whole AI space continuing at its current velocity is... More of whatever is going on now?
- jcranmer 11mo agoI went to 10× revenue because I figured the ~$1 trillion was over something like a decade, rather than over a year.