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ChatGPT In Trouble: OpenAI may go bankrupt by 2024, AI bot costs company $700,000 every day (www.firstpost.com)
submitted 3 years ago by to c/technology@lemmy.world
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Repost from HN: https://news.ycombinator.com/item?id=37109394

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[–] 26 points 3 years ago (3 children)

The difference is that the VC bubble has mostly ended. There isn't "free money" to keep throwing at a problem post-pan. That's why there's an increased focus on Uber (and others) making a profit.

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  • [–] 22 points 3 years ago

    In this case, Microsoft owns 49% of OpenAI, so they're the ones subsidizing it. They can also offer at-cost hosting and in-roads into enterprise sales. Probably a better deal at this point than VC cash.

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  • [–] 16 points 3 years ago

    This is what caused spez at Reddit and Musk at Twitter to go into desperation mode and start flipping tables over. Their investors are starting to want results now, not sometime in the distant future.

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  • [–] 4 points 3 years ago

    I don't know anything about anything, but part of me suspects that lots of good funding is still out there, it's just being used more quietly and more scrupulously, & not being thrown at the first microdosing tech wanker with a great elevator pitch on how they're going to make "the Tesla of dental floss".

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