So 1B/week?? 🤯
this post was submitted on 25 Nov 2025
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The most excellent part is the pricing for it was made up by Altman based on “feels”.
Burn Rate = “Wildfire Rate”
Wording it that way does really put it in perspective. Absolutely insane estimates for what they "need" to continue operating for the next ~4 years.
How can a company started as a non-profit, have a subsidiary that is for profit? (Restructure this year). So basically like a quarter of the company is staying non-profit, and the rest is becoming for profit, and that's the portion external investors like Microsoft own stake in.
It just sounds like tax fraud from the start. "Legal tax holes" where the end costs will come out of the populations pockets and not the companies
Meanwhile NVIDIA is pulling an Enron by investing in companies that exist to purchase NVIDIA products, thereby funding their own revenue. Just plain old fraud.
Not just investing. They’re literally offering to buy any unused compute from these companies. So if they can’t sell the processing power NVidia chips provide, NVidia will pay them for it.
LOOOOOOOOL
That’s how Mozilla works too…
Mozilla is just as big of a scam and has had presence here on lemmy from the beginning. Anyone who thinks FireFox isn't a remote control car driven by Google and does there bidding is lying to themselves in my opinion. (It will get downvoted here) But if someone pays all your bills to stay alive, you aren't doing anything but what they say. If Mozilla wants to be a company that has something to say, they need to cut their contracts with Google. Up to 85% of revenue from Firefox comes from Google. Or as people like to say on here.. if 20 people sit down at a table, and 17 are "Nazis" the other 3 are as well.
So if Google is bad, Firefox is as well
You're probably not going to be downvoted for this. It's a commonly held opinion here. It's just that Firefox is the only other option than Google. It's not ideal, but it's better.
and forks depend on mozillas survival too.
no one likes mozilla but we tolerate it because its the only option we have
We need to say it now already, loud and clear:
No bailouts for AI
They want to gamble with new technology nobody asked for, go right ahead. But don't expect taxpayers to "save the economy" instead of putting these fraudsters in prison
Then Trump does it anyway
it's much worse than stated here
starting point is to put user numbers on an S-curve that by 2030 reaches 3bn, “equivalent to 44 per cent of the world’s adult population” ex China.
while article says OpenAI has 800m users (who've used service as curiosity), its statement of 40m paid users is extremely exaggerated. 5m paid users is a high end estimate. There is ample free AI use/access.
The problem with all LLM makers is that it is an extreme competition field, and there is 0 moat to switching providers if users are smart (ie. all tools that use LLMs can switch to a different one under the hood, and you should use those front end tools or basic web interface). Google, Anthropic released better models this week, and last month Qwen and Kimi released better models than gpt 4, and other US models.
Unlike MS Office that has a 3 year release schedule, with UI and file format lock in, these models are replaced every 3-4 months, with no switching obstacles, and old model essentially thrown away.
It's simply too much to ask investors/world that a company with no money is going to perpetually dominate a field where rest of world has far more money and talent than it does. Even if one of its releases does dominate, the reign will last a matter of weeks, and models are often used to train other cheaper models.
The AI companies with extortion power are TSMC, memory makers, and for now, NVIDIA. Downstream has no competitive advantage. Even your AI girlfriend will get swapped for a newer hotter model.
If OpenAI is losing money why is Sam Altman a billionaire?
The magic of the rich!
Good question, I guess when you reach to a certain point of being rich. The government subsidize your lifestyle itself and it will try to keep it that way as long as it can, in other words socialism for the rich.
I guess the reasoning for this is to keep the status quo or if they do fail may cause economic collapse. Though in the first place it's the government fault allowing them to do so much damage and essentially hostage the whole economy.
probably if he sold of his stocks a while ago then maybe?
Elon Musk has followed through with exactly one of his many, many promises for Tesla and failed to achieve all the others, and they voted to give him a trillion dollars.
It's just proof that people with money are gullible idiots who are more afraid of admitting they were wrong than they are of losing a lot of money.
I hope it dies
Shouldn't be a problem, considering that AI is so great that obviously in the future everybody will want to use it for everything they do all the time at any cost.
Also even if they fail despite the totally accurate predictions of future, government will help them out in an act of representing the masses' will.
In the first half of 2025, AI made up 92% of GDP growth. AI companies make up about 1/3 of the total value of the stock market. Nvidia alone makes up 7%. There will 100% be a bailout.
As staggering as a $38 trillion national debt is, we are soon going to be looking back at such a cute little figure. We're borrowing money to give to billionaires (soon to be trillionaires) and leaving the rest of us non-rich with the bill.
,maybe ask nvidia for money.
I just can't help but think there are better ways to use that money.
rip bozo
I want openAI to go bankrupt much as the next guy, but even without them this GenAInand LLM shit is here to stay I'm afraid.
Nvidia, Google, Microsoft, Oracle are all highly profitable companies with cash to burn, so the best case we can hope for is for the hype to die and the investments to slow down.
Currently the whole system is kept alive with pure hype. AMD and OpenAI make a deal, if certain conditions are met OpenAI can buy AMD stocks for a penny a piece (if they buy this many chips etc) but just with the deal becoming public their stock prices jump up. There is no business done here yet, no revenue made, but the expectation of it is enough to bring in techbro and financebro money.
sounds preddi gud-