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janoc | 1 year ago

And venture capital.

discuss

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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.