ByteVagabond @bytevagabond.com 路 Jan 24 10 years of OpenAI: 2015: $0 profit 2025: Still $0 profit (but in a blazer) Lost ~$8B in 2025. Projected $14B loss in 2026. Deutsche Bank estimates $143B in negative cash flow before profitability. But hey, at least they upgraded from the t-shirt. That's progress, right?
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Deutsche bank in the news again eh? The very bank, the only bank that would lend Trump $ and they are sketchy to begin with..let鈥檚 play connect the dots again shall we?
I'm also going to day play the hell out of OpenAi when it goes public. I love the tech sec rollercoaster.
To be fair I think Sam warned investors not to be sadomasochistic and invest too much in AI stocks right now... BUT.... the long term potential is there... I'm going long on Oracle. lol
I can't believe it, is it true? 馃槷
If a company isn't profitable, it closes down.
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fun fact: @winrar-rarlab.bsky.social is more profitable thatn OpenAI.
AI also uses immense energy that creates heat and uses precious water.
Baaahaha
No, the $8 billion loss is creative accounting. The real loss is $22 billion (see reporting by @edzitron.com )
馃憤 positity
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The sooner the AI bubble bursts the better.
She must eat a single carrot a day. 馃
Now that they accept Trump job to create autonomous weapons & mass domestic surveillance, maybe they can make a buck! 饾棓饾棥饾棫饾棝饾棩饾棦饾棧饾棞饾棖 user馃
No one is talking about this, except here.
Sounds like start up tech
LMAO it's so good!
What I wanna know is, how is this guy a billionaire, and his company gets to be in so much debt??? He's a genius, but there are many other geniuses, even in tech, who aren't able to live like this. What's the secret sauce?
It sounds like a variation on the old, "We lose $100 on each unit, but we make it up in shipping volume!" except Ai doesn't even ship units. A very expensive solution in search of a problem.
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The blazer is doing a lot of heavy lifting here.
馃捀 A billion here, a #billion there, pretty soon you're talking real money...
Wait a minute. Since when is billionnaires NOT profiting The Problem(tm) ?
pic: if pete davidson were a nerd
In 2015 they at least was more human
馃槀 馃ぃ
He's adding porn, ads. What's left? Oh yeah. Selling user data. Has any AI company ever explained their profit model? Or have they ever had to explain how billions of humans will survive without jobs? "Humans can survive by leveraging AI for creativity." That's not a plan, Sam.
Look at how pale he's getting