OpenAI could be propped up by MS for a while even if it doesn’t make a profit, to keep the brand name alive, for the smaller AI startups I guess it will be the same story as with crypto? VC investors put some money in, hype up retail investors to also invest, cash out/exit, then the startups slowly close because they can’t turn a profit leaving the smaller investors with most of the losses
edit: also lol at making public bets on this, got nothing better to do?
The Ed Zitron article is worth reading, it talks a lot about what Microsoft is getting out of the deal with OpenAI in exchange for some Azure credits (fake money)
OpenAI could be propped up by MS for a while even if it doesn’t make a profit, to keep the brand name alive, for the smaller AI startups I guess it will be the same story as with crypto? VC investors put some money in, hype up retail investors to also invest, cash out/exit, then the startups slowly close because they can’t turn a profit leaving the smaller investors with most of the losses
edit: also lol at making public bets on this, got nothing better to do?
The Ed Zitron article is worth reading, it talks a lot about what Microsoft is getting out of the deal with OpenAI in exchange for some Azure credits (fake money)
will do, yeah I heard MS paid OpenAI mostly in Azure credits lol, nothing like paying yourself
I’ve read somewhere that even after that openAI is paying Microsoft 5B $ for azure