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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 29 days ago

OpenAI needs to raise at least $207bn by 2030 so it can continue to lose money, HSBC estimates

www.ft.com

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OpenAI needs to raise at least $207bn by 2030 so it can continue to lose money, HSBC estimates

www.ft.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 29 days ago
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A burning platform

https://archive.ph/J6dMs

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  • DerRedMax [comrade/them, any]@hexbear.net
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    29 days ago

    The best part is that this was calculated by a team “bullish” on AI.

  • LeeeroooyJeeenkiiins [none/use name]@hexbear.net
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    29 days ago

    How does investing in this make sense to literally anybody

    • invalidusernamelol [he/him]@hexbear.net
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      29 days ago

      Because it has to work or the whole system collapses

  • SouffleHuman@lemmy.ml
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    29 days ago

    This is also assuming that OpenAI can capture the entire market of consumer AI, AKA having no significant competitors anywhere in the world, which… uh… doesn’t look likely.

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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      28 days ago

      Chinese open models basically undermine the whole business model for OpenAI, and Alibaba just released Qwen app that’s a direct competitor to ChatGPT and it’s free instead of a 20 bucks a month subscription. OpenAI is so cooked.

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