OpenAI promised investors an AI gold rush. Now its projected annual revenue is reportedly $20 billion below earlier expectations. That’s not a rounding error: that’s an entire business empire missing from the spreadsheet. Silicon Valley keeps calling it a revolution, but increasingly it looks like a trillion dollar game of musical chairs, with investors hoping the music never stops.
And even the fifty billions may be inflated, as it is “annualized” revenue which can mean “we took a period of peak usage and generalized it to a year”
OpenAI promised investors an AI gold rush. Now its projected annual revenue is reportedly $20 billion below earlier expectations. That’s not a rounding error: that’s an entire business empire missing from the spreadsheet. Silicon Valley keeps calling it a revolution, but increasingly it looks like a trillion dollar game of musical chairs, with investors hoping the music never stops.
Maybe he could sleep in the factory for a few weekends? P
Quit ordering the avocado toast.
I always think it’s funny how millennials got shit for avocado toast, yet it was my boomer parents who introduced it to me.
And even the fifty billions may be inflated, as it is “annualized” revenue which can mean “we took a period of peak usage and generalized it to a year”
This account reeks of clanker. Are people just okay with that or am I missing something?
Who could have known this would happen?
Same thing just happened with Anthropics numbers. Billions short of their stated numbers.
I mean, it’s not a rounding error, but going from 4.5 billion to 80 billion is not shabby either
Why do you sound like the House of El?
It’s an LLM adbot, or, at best, someone having LLM craft all of their comments and posts.
The accounts profile heavily advertises services for LLM adbots covertly advertising to people using social media.
Search is garbage now, but I’d bet even money he is lifting text directly from House of El–or they have a common source.
It’s just revenue, not profit. Don’t worry.