FoxtrotDeltaTango@sh.itjust.works to Technology@lemmy.worldEnglish · 1 day agoOpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's financeswww.tomshardware.comexternal-linkmessage-square189fedilinkarrow-up1723file-textcross-posted to: goodnewseveryone@piefed.social
arrow-up1723external-linkOpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's financeswww.tomshardware.comFoxtrotDeltaTango@sh.itjust.works to Technology@lemmy.worldEnglish · 1 day agomessage-square189fedilinkfile-textcross-posted to: goodnewseveryone@piefed.social
minus-squareNostraDavid@programming.devlinkfedilinkEnglisharrow-up4·1 hour agoLemmy, this is the fourth year in a row that “OpenAI bankrupts soon” articles are being posted: Year Article Explicit bankruptcy claim 2023 Business Today — “OpenAI might go bankrupt by end of 2024”, August 12, 2023 OpenAI could go bankrupt by the end of 2024 because of ChatGPT’s high operating costs, mounting losses and dependence on continued Microsoft funding. 2024 ITPro — “OpenAI could go bankrupt in 12 months if it doesn’t raise some serious cash”, August 7, 2024 OpenAI could go bankrupt within twelve months unless it secured substantial additional financing. 2025 Braden Kelley — “Is OpenAI About to Go Bankrupt?”, December 4, 2025 The article explicitly asks whether OpenAI is “on the brink of bankruptcy” and argues that its spending and business model may be financially unsustainable. 2026 Windows Central — “OpenAI might torch $14 billion in 2026, hitting bankruptcy by next year”, January 20, 2026 OpenAI could burn through approximately $14 billion during 2026 and face bankruptcy by mid-2027. OpenAI isn’t going anywhere.
minus-squareInnerScientist@lemmy.worldlinkfedilinkEnglisharrow-up2·1 hour agoThis is the year of the OpenAI bankruptcy.
minus-squareNostraDavid@programming.devlinkfedilinkEnglisharrow-up2·58 minutes agoAnd it’s the year of the Linux Desktop! What a coincidence!
Lemmy, this is the fourth year in a row that “OpenAI bankrupts soon” articles are being posted:
OpenAI isn’t going anywhere.
This is the year of the OpenAI bankruptcy.
And it’s the year of the Linux Desktop! What a coincidence!