2026-09-26 20:54 UTC
Replies (1)
-
@chaekyung@ieji.de 2026-09-27 13:52
@giflian@techhub.social @DJGummikuh@mastodon.social @veronica@explains.social OpenAI lost $21 billion last year and they lost $18.6 billion in Q1+Q2. They are currently trying to raise more money to burn at a whopping 1.5 _Trillion_ (with a T) valuation. They really are one failed funding round from bankruptcy. Timing when that will occur is difficult because it depends on how many gullible investors are willing to throw even more money into that money furnace. Noticed how they are marketing _religion_ ("AI" will destroy humanity, "AI" will this, that) not actual products they can deliver? That's to dupe more investors. The bubble will burst. It's inevitable. Just be patient. Those with patience are the strong ones. The weak will perish.