this post was submitted on 11 Jun 2026
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[–] SendMePhotos@lemmy.world 7 points 1 day ago (2 children)

OpenAI is a hollow investment. I could be wrong but from my understanding, they've received a ton of investment money to get where they are but haven't been able to bring in any returns back to the investors. This puts them on the brink of collapse.

[–] Mossheart@lemmy.ca 5 points 1 day ago

Applies to all AI companies, which is why we're about to see prices ratchet the fuck up over the coming post-IPO months as they have to show steps towards profitability.

A few price pump cycles and we'll find ourselves reinventing entry level positions to save token costs.

[–] msage@programming.dev 3 points 1 day ago

Have you ever seen a manager who managed to lose billions of dollars to actually face any backlash? Usually they get more money and move on.