They’re cutting out the low revenue earners to get ready for an initial public offering later this year. So accountability for all of that spending is coming. This ought to be good.
Will people generating unreliable code and students cheating on their homework generate enough revenue to cover OpenAI’s operating costs and pay off its massive debts?
I doubt it.
To me an OpenAI IPO is Altman trying to cash out before the bubble pops. I’m sure they’ll get a lot of suckers, but I wouldn’t touch any tech IPO with a ten foot pole and this one is going to drop like a brick.
They’re cutting out the low revenue earners to get ready for an initial public offering later this year. So accountability for all of that spending is coming. This ought to be good.
Will people generating unreliable code and students cheating on their homework generate enough revenue to cover OpenAI’s operating costs and pay off its massive debts?
I doubt it.
To me an OpenAI IPO is Altman trying to cash out before the bubble pops. I’m sure they’ll get a lot of suckers, but I wouldn’t touch any tech IPO with a ten foot pole and this one is going to drop like a brick.
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