Wait, since when it had not been? Or are you telling me that vastly the fastest growing platform in history with multiple payment gates (subscriptions, pay per token, licensing etc.) was not profitable for some reason?
Not sure if you are joking but... it does not appear to be making anywhere near the amount of money that has been invested in it.
It costs a stupendous amount of money to develop the models, to train them, to rent out or just buy the hardware needed to do this, to pay for the electrical power to do this.
Now that I think of it, yeah, it makes absolute sense. It's not a stable income OpenAI is based on, but rather the endless wagons of money from hyped up sponsors. Very much unsustainable.
Worse than Bitcoin miners, AI seems to have the wholethroated support of capital (rather than a single faction), who see it as the next big form of automation
Or are you telling me that vastly the fastest growing platform in history with multiple payment gates (subscriptions, pay per token, licensing etc.) was not profitable
Are you not aware that 99 times out of 100 if you see a tech company rapidly growing it's completely unprofitable and not even attempting to be profitable yet? It's called blitzscaling and is pretty clearly what openai is attempting. Like if you see a tech company quickly growing you should be assuming it's unprofitable until proven otherwise not the opposite lol.
Is OpenAI profitable now?
Wait, since when it had not been? Or are you telling me that vastly the fastest growing platform in history with multiple payment gates (subscriptions, pay per token, licensing etc.) was not profitable for some reason?
Not sure if you are joking but... it does not appear to be making anywhere near the amount of money that has been invested in it.
It costs a stupendous amount of money to develop the models, to train them, to rent out or just buy the hardware needed to do this, to pay for the electrical power to do this.
Not joking, I'm just underinformed
Now that I think of it, yeah, it makes absolute sense. It's not a stable income OpenAI is based on, but rather the endless wagons of money from hyped up sponsors. Very much unsustainable.
Last time I heard, no. They are burning money to train new models.
Running those datacenters is extremely expensive.
The cost is to the whole world, because they consume enormous amounts of energy and produce essentially nothing. Like bitcoin miners.
Worse than Bitcoin miners, AI seems to have the wholethroated support of capital (rather than a single faction), who see it as the next big form of automation
Are you not aware that 99 times out of 100 if you see a tech company rapidly growing it's completely unprofitable and not even attempting to be profitable yet? It's called blitzscaling and is pretty clearly what openai is attempting. Like if you see a tech company quickly growing you should be assuming it's unprofitable until proven otherwise not the opposite lol.
Estimates from earlier this year are that they spend $2.35 for every $1 they make.