OpenAI could be propped up by MS for a while even if it doesn't make a profit, to keep the brand name alive, for the smaller AI startups I guess it will be the same story as with crypto? VC investors put some money in, hype up retail investors to also invest, cash out/exit, then the startups slowly close because they can't turn a profit leaving the smaller investors with most of the losses
edit: also lol at making public bets on this, got nothing better to do?
OpenAI could be propped up by MS for a while even if it doesn't make a profit, to keep the brand name alive, for the smaller AI startups I guess it will be the same story as with crypto? VC investors put some money in, hype up retail investors to also invest, cash out/exit, then the startups slowly close because they can't turn a profit leaving the smaller investors with most of the losses
edit: also lol at making public bets on this, got nothing better to do?
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will do, yeah I heard MS paid OpenAI mostly in Azure credits lol, nothing like paying yourself
I've read somewhere that even after that openAI is paying Microsoft 5B $ for azure