this post was submitted on 18 Jun 2026
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With a ~40 billion usd hole (netloss) Openai keeps it´s word by staying a nonprofit company 🤣

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[–] chahk@beehaw.org 9 points 7 hours ago

OpenAI is the definition of the difference between "Not-For-Profit" and "For not-profit".

[–] zloubida@sh.itjust.works 14 points 8 hours ago (2 children)
[–] Trilogic@lemmy.ml 9 points 8 hours ago (1 children)

Idk the source of that data but OMG look at anthropic, 6.5b revenue but recently "evaluated" ~1 trillion USD. Is that for real?

[–] P00ptart@lemmy.world 4 points 8 hours ago

Yeah, all speculative.

[–] rockSlayer@lemmy.blahaj.zone 7 points 8 hours ago

Ahahahahaha Facebook has dumped roughly the same amount of money into AI as Microsoft, but makes 1/10th the revenue. Pure gold

[–] ramble81@lemmy.zip 4 points 6 hours ago

Which column is infrastructure under? Things like power, DC rent, etc. Also what about depreciation assuming you try to shove all that shit (well the hardware anyway) into CapEx?

[–] DarkCloud@lemmy.world 4 points 7 hours ago* (last edited 7 hours ago)

This misapprehends the business models of techno feudalism: you operate at a loss, running on VC money which is fairly endless. You offer a freeish service to grow your brand. Then when you list on the stock exchange you live off debts loaned to you by the bank on the basis that your company is worth millions or billions.

I have no doubt ChatGPT is, and that Sam Altman lives with no taxable income to speak of. He's just accumulating bank loans and paying them back with other bank loans secured by OpenAIs growing stock price and company valuation.

Money isn't real to the elite classes. Actually I believe Stalin and Churchill once stopped at a Cafe sometime after WW2, they realised no one travelling with them had money to pay for the money and service of the Cafe... Because they didn't need money. It's accepted when you're at that level.

[–] sylver_dragon@lemmy.world 2 points 8 hours ago

As real as any valuation. Which is to say, what investors are willing to pay for a piece of a company may not always have the most firm association with the reality of a company's current state. And, the market can stay irrational much longer than you expect.

[–] Red5@lemmygrad.ml 1 points 8 hours ago

What is “the cost of revenue”? Tax? Electricity supply?

[–] pglpm@lemmy.ca 1 points 8 hours ago