top | item 41735049 (no title) janoc | 1 year ago And venture capital. discuss order hn newest satvikpendem|1 year ago Not sure about that, they're all losing money. OpenAI recently raised 6.5 billion but is losing 5 billion a year, it's just not sustainable. In fact it's the local LLMs that are thriving, predictably because they run on your own hardware. golergka|1 year ago It’s losing money because it invests in growth. GPT4 has cost them 500mil and is making 3b revenue annually. FridgeSeal|1 year ago Yeah, that’s just hobbyists with more money.Joking…but-only-a-little.
satvikpendem|1 year ago Not sure about that, they're all losing money. OpenAI recently raised 6.5 billion but is losing 5 billion a year, it's just not sustainable. In fact it's the local LLMs that are thriving, predictably because they run on your own hardware. golergka|1 year ago It’s losing money because it invests in growth. GPT4 has cost them 500mil and is making 3b revenue annually.
golergka|1 year ago It’s losing money because it invests in growth. GPT4 has cost them 500mil and is making 3b revenue annually.
satvikpendem|1 year ago
golergka|1 year ago
FridgeSeal|1 year ago
Joking…but-only-a-little.