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Technology@lemmy.worldEnglish · 1 month ago

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

cross-posted to:
fuck_ai@lemmy.world

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AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

eicker@lemmy.world to

Technology@lemmy.worldEnglish · 1 month ago

cross-posted to:
fuck_ai@lemmy.world

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure in Leaked Documents

It turns out that AI demand is significantly lower than expected, as OpenAI shaves $20 billion off its revenue expectations for 2026.

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27 days ago
Quite a lot of that ARR is based on Ouroboros-like investment loops.

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