Leaked OpenAI financials show $38.5B loss and massive compute burn - RuntimeWire

https://runtimewire.com/article/openai-leaked-financials-altman-compute-burn

80 points · 4 comments · view on lemmy.world

4 Comments

Gladaed@feddit.org · 11 pts · 56d (1 reply)

I.e. they need to quadruple their income.

CompactFlax@discuss.tchncs.de · 11 pts · 55d (1 reply)

“It’s the training that is so costly”

They still lose money if you zero out the R&D budget.

And these financials don’t really capture the circular investments, spending commitments, and shell companies holding debt that is part of the “ecosystem” of AI.

Don_alForno@feddit.org · 8 pts · 55d

They couldn't stop training if they wanted to because they're constantly promising what LLM's will be able to do in the future. It's part of the grift. To stop would be to admit they are getting nowhere.