To the best of my knowledge, openai have never made a profit. If by “made” you just mean income, then they loose money by spending far more than that, presumably on building and running datacentres
By being in debt, I presume.
Although I don’t know if invested money counts as revenue, so maybe they’re spending that rather than going into actually debt
They’ve been increasingly losing money. This is mostly because they were growing at a ridiculous rate over the past 3 years.
Losing $14 billion is not unexpected. But it’s also not detrimental. Tech companies like this are famous for growing with losses.
All it takes is for OpenAI to go public and it’ll become another Tesla, consistently overvalued.
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To the best of my knowledge, openai have never made a profit. If by “made” you just mean income, then they loose money by spending far more than that, presumably on building and running datacentres
deleted by creator
By being in debt, I presume. Although I don’t know if invested money counts as revenue, so maybe they’re spending that rather than going into actually debt
deleted by creator
They’ve been increasingly losing money. This is mostly because they were growing at a ridiculous rate over the past 3 years. Losing $14 billion is not unexpected. But it’s also not detrimental. Tech companies like this are famous for growing with losses. All it takes is for OpenAI to go public and it’ll become another Tesla, consistently overvalued.