OpenAI "annually collects more than $3 billion in sales while spending about $7 billion." OpenAI's revenue is on par with Winnebago's. Their net profit margin is -233%, compared to the S&P 500's average of around 11.5%. LOL.
Mira Murati, the chief technology officer, and two others are leaving as leaders including Sam Altman work to transform the start-up.
I need them to die faster and take down Microsoft and my own company in the process. Also courts need to decide that "stealing all published content to create your own for-profit product is not a legitimate business model"
Once again requesting for the button that makes this grift die faster...
It’s all about the valuation and cashing out before the crash.
Look, I don't know about you, but when I think about revenue, I think about Winnebago.
Has anyone told them that being a FOR PROFIT companies doesn't automatically mean that they will actually make any profits?
The MoviePass guys will be all over this. Mitch Lowe would be a major investor...if he wasn't on his way to prison...
well if you're so smart how come you're not negative rich
But, they’ll make it up in volume!
Just like anything else it’s what investors think it’s worth not the current financials
Is profitability still a priority with the interest rate drops?