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☆ Yσɠƚԋσʂ ☆@lemmy.ml to technology@hexbear.netEnglish · 10 months ago

OpenAI could be on the brink of bankruptcy in under 12 months, with projections of $5 billion in losses

www.windowscentral.com

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  • technology@lemmygrad.ml
  • technology@lemmy.ml
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OpenAI could be on the brink of bankruptcy in under 12 months, with projections of $5 billion in losses

www.windowscentral.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to technology@hexbear.netEnglish · 10 months ago
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  • technology@lemmy.ml
OpenAI might need another round of funding to remain afloat.
  • Antiwork [none/use name, he/him]@hexbear.net
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    10 months ago

    Now that capital has integrated them into their system they will not be allowed to fail. At least for now.

    • PaX [comrade/them, they/them]@hexbear.net
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      10 months ago

      doomjak The iron law of “nothing ever happens” necessitates this

      spoiler

      Nah but for real how much life can this bubble still have left?

      • Diuretic_Materialism [he/him]@hexbear.net
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        10 months ago

        A lot, because nothing ever happens.

      • Tachanka [comrade/them]@hexbear.net
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        10 months ago

        The iron law of “nothing ever happens”

        There are decades where nothing ever happens, and there are weeks where we are so back

        • PaX [comrade/them, they/them]@hexbear.net
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          10 months ago

          Almost like quantitative changes turn into qualitative changes or something

          They rupture even

    • hexaflexagonbear [he/him]@hexbear.net
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      10 months ago

      Or Microsoft and Meta will make sure there’s less competition in the future for their own LLMs?

      • jaywalker [they/them, any]@hexbear.net
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        10 months ago

        It seems like MS could really fuck them up if they stopped using OpenAI for all their azure stuff. As of now I don’t think MS relies on their own LLM for anything?

        • CthulhusIntern [he/him]@hexbear.net
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          10 months ago

          MS abandons basically anything new that doesn’t make them even more absurdly rich instantly these days.

          • marx_mentat [he/him, comrade/them]@hexbear.net
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            10 months ago

            Game pass and Xbox aren’t profitable but maybe they’re trying to change that now.

            • ryepunk [he/him]@hexbear.net
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              10 months ago

              Yea but Xbox division is like 2 decades old so they’re probably afraid of shit canning the whole thing. It is likely that Spencer goes down with the ship though after failing to achieve anything beyond securing Xbox’s position in third place so firmly and distantly that the only remaining option is Microsoft just buying Sony completely to get the market the hard way. They’ll wait until Kamala replaces Lena Kahn at the FTC first though.

      • Antiwork [none/use name, he/him]@hexbear.net
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        10 months ago

        They are choosing to create as many layers of separation as possible. While integrating the systems directly. This is just how global capital is currently ran.

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