eicker@lemmy.world to Technology@lemmy.worldEnglish · 6 days ago

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

902

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

eicker@lemmy.world to Technology@lemmy.worldEnglish · 6 days ago

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure in Leaked Documents

It turns out that AI demand is significantly lower than expected, as OpenAI shaves $20 billion off its revenue expectations for 2026.

Chat

ThirdConsul@lemmy.zip
link
fedilink
English
arrow-up
2·
5 days ago
They are not reporting their income, but AAR apparently

Yes, this is a scam.

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

2.44K users / day
7.31K users / week
12.6K users / month
26.2K users / 6 months
1 local subscriber
88.8K subscribers
5.17K Posts
123K Comments
Modlog