eicker@lemmy.world to

Technology@lemmy.worldEnglish · 16 hours ago

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

43

359

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

eicker@lemmy.world to

Technology@lemmy.worldEnglish · 16 hours ago

43

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure

It turns out that AI demand is significantly lower than expected, as OpenAI shaves $20 billion off its revenue expectations for 2026.

Chat

tigermountain@lemmy.world
link
fedilink
English
arrow-up
2·
3 hours ago
I wonder if the IPO will even happen.

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

1.32K users / day
3.29K users / week
5.51K users / month
10.8K users / 6 months
1 local subscriber
88.7K subscribers
8.17K Posts
85.1K Comments
Modlog