alt Hacker NewsI think people are looking for excuses to declare OpenAI and Anthropic teetering on the brink of failure when the actual reality is… they are wildly successful by absolutely any measure. This deal is proof. If Microsoft didn’t believe in OpenAI they wouldn’t have restructured it this way. They’d have tightened their reins and brought in “adult supervision”
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Forgeties79 • today at 2:34 PM
> they are wildly successful by absolutely any measure
Except revenue. Not one company is in the black. That’s a pretty important measure you’re ignoring.
> I think people are looking for excuses to declare OpenAI and Anthropic teetering on the brink of failure when the actual reality is… they are wildly successful by absolutely any measure.
Maybe that will be true someday. But, right now, they are burning billions of dollars every quarter. Their expenses far far outweigh their income and they are nowhere near profitability.