OpenAI is running out of other people’s money. Time to hit the public markets! OpenAI hopes to IPO in September. [WSJ, archive] SpaceX’s IPO is set for June 12. That’ll mess things up for OpenAI an…
  • V0ldek@awful.systemsEnglish
    4·
    2 days ago

    If you spend $1.22 for every $1.00 gained, then your operating income is $-0.22. So your income is -22% of your revenue.

    Calculating like you do would mean that a -100% operating income margin means you break even, and that’s kinda silly. What would a positive margin mean?