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AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback. (futurism.com)

submitted 2 days ago by eicker@lemmy.world to c/technology@lemmy.world

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[–] BlaestEgnen@feddit.dk 2 points 2 days ago (1 child)

When the investors are Microsoft, Google, Meta and Amazon. Then they have some deep pockets

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[–] EmilieEasie@fedinsfw.app 2 points 2 days ago

True, very deep, and for a while they had nothing to really spend on, which is why, say it with me! Markets can remain irrational longer than you can stay solvent

But it's still not infinite

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