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janoc
624 days ago
And venture capital.
2 comments
satvikpendem
623 days ago
Not sure about that, they're all losing money. OpenAI recently raised 6.5 billion but is losing 5 billion a year, it's just not sustainable. In fact it's the local LLMs that are thriving, predictably because they run on your own hardware.
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golergka
622 days ago
It’s losing money because it invests in growth. GPT4 has cost them 500mil and is making 3b revenue annually.
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FridgeSeal
624 days ago
Yeah, that’s just hobbyists with more money.
Joking…but-only-a-little.
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