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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://mastodon.social/users/mshelton/statuses/113732615195274739">Martin (mshelton@mastodon.social)'s status on Sunday, 29-Dec-2024 07:00:05 JST</a><a href="https://mastodon.social/@mshelton" title="mshelton@mastodon.social"><img src="https://gnusocial.jp/avatar/35044-48-20221122005230.webp" width="48" height="48" alt="Martin" style="position: absolute; left: 0; top: 0;">Martin</a></section><article><p>"OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year, CNBC confirmed in September. Those numbers are increasing rapidly." </p><p>So… The business model is to train models on everyones' data without paying them, then lose a billion dollars.<br><a href="https://www.cnbc.com/2024/12/27/openai-needs-more-capital-than-wed-imagined-moves-to-for-profit.html" rel="nofollow">https://www.cnbc.com/2024/12/27/openai-needs-more-capital-than-wed-imagined-moves-to-for-profit.html</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/4272432#notice-8351119">In conversation</a><time datetime="2024-12-29T07:00:05+09:00" title="Sunday, 29-Dec-2024 07:00:05 JST">about 6 months ago</time> <span>from <span><a href="https://mastodon.social/@mshelton/113732615195274739" rel="external" title="Sent from mastodon.social via ActivityPub">mastodon.social</a></span></span><a href="https://mastodon.social/@mshelton/113732615195274739">permalink</a><h4>Attachments</h4><ol><li><article><header><div>Domain not in remote thumbnail source whitelist: image.cnbcfm.com</div><h5><a href="https://www.cnbc.com/2024/12/27/openai-needs-more-capital-than-wed-imagined-moves-to-for-profit.html">OpenAI says it needs 'more capital than we’d imagined' as it lays out for-profit plan</a></h5><div> from <span>https://www.facebook.com/CNBC</span></div></header><div>OpenAI said in a blog post Friday that heading into 2025, "we have to become
an enduring company," which requires changing its structure.</div><footer></footer></article></li></ol></footer></blockquote>

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Martin (mshelton@mastodon.social)'s status on Sunday, 29-Dec-2024 07:00:05 JST Martin
"OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year, CNBC confirmed in September. Those numbers are increasing rapidly."
So… The business model is to train models on everyones' data without paying them, then lose a billion dollars.
https://www.cnbc.com/2024/12/27/openai-needs-more-capital-than-wed-imagined-moves-to-for-profit.html
In conversationabout 6 months ago from mastodon.socialpermalink
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  OpenAI says it needs 'more capital than we’d imagined' as it lays out for-profit plan
  from https://www.facebook.com/CNBC
  OpenAI said in a blog post Friday that heading into 2025, "we have to become an enduring company," which requires changing its structure.

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