We’ve known for years that the chatbot vendors run at a massive loss. OpenAI was spending $2.35 for each $1 of revenue in 2024, and it’s only got worse since then. Anthropic keeps pushing its price…
  • Jiral@lemmy.orgEnglish
    6·
    4 days ago

    I doubt either openAI or anthropic will go public for precisely that reason. They cannot afford the required transparency. Microsoft will be interesting though. It gets increasingly hard to hide the blood bath using the rest of their business.

    • David Gerard@awful.systemsOPMEnglish
      2·
      3 days ago

      yeah, the drive to an IPO is purely escape hatch. they did one thing right in that being money bonfires is part of their well-known charm. But this much of a money bonfire, well.