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> OpenAI is in serious financial difficulty Is this based on fact or your speculation?

• Grimblewald 10d ago
  public data and a well know situation innit?
  • b112 10d ago
    No? There has been a lot of talk of investment, infra costs, nothing showing impending doom. Amazon ran for, what? 20 year with no profit. So what's the precise, documented, real, non-projeced/hypothesized issue? Regardless, Nvidia does have financial interest here.
    • disgruntledphd2 9d ago
      > Amazon ran for, what? 20 year with no profit. Profit is a weird metric, in that one can defer necessary expenditure to show increases in it, while having negative profit was a good signal for Amazon as they invested all that money. The labs are not really in the same position though, as their major capital expenditure is training models, which keeps getting more expensive and they can't stop as the frontier keeps moving. We'll see when the S-1's come out I guess.
    • Grimblewald 8d ago
      no profit is very different from running at extreme loss, as an example. A company can be eternally stable with zero profit, while another very profitable vultur capitalist company will eventually run out of companies to gut for good looking on paper flow. In the same way, is the current valuation and i come based on a real good or service delivered that people genuinly are happy to pay for at tge rates current valuations indicate? Clearly that's a no, so, problem.
• vannevar 9d ago
  FY2026 losses already far exceed their projections and are widening, not narrowing. They postponed their IPO, and two key executives have left very recently. So the evidence leans heavily toward that assumption, yes. See my comment in the sibling thread.