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We lose money on every sale we make… but we make up for it in volume.
“The money we lose increases volumetrically.”
Where are they raking the money from? Who is giving them billions of dollar? Are all investors and CEOs dumb as a bucket?
I’m so confused.
In order of appearance: futures investment, other AI companies, yes.
OpenAI is starting to look like the world’s most expensive experiment in proving that revenue and profitability are two very different things. The technology is impressive, but if every new customer brings another mountain of computing costs, scaling up might just mean losing money faster.
When you’re building an ever higher building by excavating the foundation to keep stacking things on top … eventually, you’re going to run out of material.
OpenAI did not report earning $20B short of what it had reported a month earlier. It reported earnings $20B short of what one analyst had estimated, and the market had taken as broadly accepted reference point. Very different.
🫧🫧🫧
