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OpenAI reported ~$20 billion annualized revenue for 2025, up from $6 billion the year before.
by 4lx87 5mo ago
OpenAI reported ~$20 billion annualized revenue for 2025, up from $6 billion the year before.
- cdrnsf 5mo agoAnd that covers their model training and infrastructure costs?
- spongebobstoes 5mo agoeach new model brings in revenue that is multiple times the cost to create said model
- cdrnsf 5mo agoSo their CFO's publicly voiced concerns are unwarranted?
- rchaud 5mo agoThe efficient market hypothesis has taken a real beating in the age of tech industry anti-gravity valuations.
- jddj 5mo agoIs that the case? What about gpt 4.5? o1-pro?
- spongebobstoes 5mo agowith revenue >2x cost, they can afford to have a miss now and then
- jddj 5mo agoIf you have a machine that reliably takes $1 and makes $2 you raise debt not equity
- bdangubic 5mo agocare to elaborate? if my machine is doubling my money, why do I have to raise debt?
- jddj 5mo agoPresumably there is some time component, i.e you need to use the machine quickly or risk losing it. Also, it's better to double $2 instead of $1, and then pay back that $1.1 and end up with $2.9 instead of $2. But it was a more facetious comment than I would have preferred to make, I actually went to delete it but you got in too quickly. There are many reasons it's wrong, too, eg. at some level of risk debt becomes more expensive or impossible But the intent of the comment was to say that if you owned as sure a thing as the GP proposed you'd do what you could to avoid selling parts of it.
- m_ke 5mo agountil it doesn't. scaling laws are a power law, you can only stay ahead for so long when each minor improvement gets exponentially more expensive
- downrightmike 5mo agoexactly