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Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter
(www.theregister.com)
This is a most excellent place for technology news and articles.
So they "lost" $11.5B? Cool, I lost 20 bucks last week and still had to explain it to my accountant 🤭 Feels like the entire AI industry is built on "don't worry, growth will save us", but at some point someone has to pay the electricity bill...
It's magic that will magically transform the world and make everybody rich and magically do our work for us. Like in Disney's Sorcerer's Apprentice.
No, you don’t understand. Lose money on every sale, but make up for it in volume!
If you lose enough money, you trigger an integer overflow and end up with a profit!
The entire American economy in a nutshell