alt Hacker NewsOpenAI halved the value of their pro subscription, literally. It kicks off on Oct 28. And simultaneously is now two steps back on the frontier? It's a confusing moment for that company as they try to IPO.
OpenAI halved the value of their pro subscription, literally. It kicks off on Oct 28. And simultaneously is now two steps back on the frontier? It's a confusing moment for that company as they try to IPO.
I believe they’ve pushed back the ipo. I always figured that frontier labs were going to be very vulnerable against tech giants that had actual profitable businesses to fund their AI work.
The amount of total funding Anthropic or OpenAI has raised individually is like a year of ebitda for Google, meta, or Microsoft. And it doesn’t look like there’s a real moat outside of money