2 ms·
Revenue != profit. They are drowning in debt and go into more and more ridiculous schemes to raise/get more money. --- start quote --- OpenAI has made $1.4 t
by troupo 11mo ago
Revenue != profit.
They are drowning in debt and go into more and more ridiculous schemes to raise/get more money.
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OpenAI has made $1.4 trillion in commitments to procure the energy and computing power it needs to fuel its operations in the future. But it has previously disclosed that it expects to make only $20 billion in revenues this year. And a recent analysis by HSBC concluded that even if the company is making more than $200 billion by 2030, it will still need to find a further $207 billion in funding to stay in business.
https://finance.yahoo.com/news/openai-partners-carrying-96-billion-120300663.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAALipYaGPcnEz5DQxjQ3RY1XfzdvtMd1d8fkD2C4ug1Setj4Okzn-CPmxi9LNtZGQ3l5Ievandz_4tsnXvR8OCWC-217J4rAJA0Fs8EY7zVgAgDExeakiyLP7CYKOWB1EoP5Z4ziGlNiMMQ3v_9LBrlBhEmXyezXZMfWA5MiTHaJT https://finance.yahoo.com/news/openai-partners-carrying-96-b...
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