this post was submitted on 27 Sep 2024
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[–] vane@lemmy.world 8 points 2 months ago (1 children)

Aren't they going bankrupt next year ?

[–] UnderpantsWeevil@lemmy.world 5 points 2 months ago (1 children)

They'll just get a check for Infinity Money to keep going, because otherwise something something China Will Win.

[–] vane@lemmy.world 3 points 1 month ago* (last edited 1 month ago) (2 children)

But their operation cost is 5 billions per year, they plan to raise 6.5 billions from microsoft, apple and nvidia this year and they have not raised it yet. If their model fail next year and sales not happen will shareholders of big 3 pay 6.5 billions in 2026. There were couple companies that raised such amount of money at start like for example Docker Inc. Where is Docker now in enterprise ? They needed to change licensing model to even survive and their operation cost is just storage of docker containers. I doubt openai will survive this decade. Sam Altman is just preparing for Microsoft takeover before the ship is sunk.

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[–] AidsKitty@lemmy.world 7 points 1 month ago (1 children)

The company is burning through cash. Has to change to survive.

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