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

futurism.com

cross-posted to:
technology@lemmy.world

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

futurism.com

lechekaflan@lemmy.world to Fuck AI@lemmy.worldEnglish · 22 days ago

cross-posted to:
technology@lemmy.world

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

futurism.com

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

You must log in or register to comment.

Chat

Fuck AI@lemmy.world

fuck_ai@lemmy.world

Create a post

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !fuck_ai@lemmy.world

“We did it, Patrick! We made a technological breakthrough!”

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as “AI” meant to increase market valuations.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

36 users / day
36 users / week
63 users / month
137 users / 6 months
0 local subscribers
8.45K subscribers
223 Posts
6 Comments
Modlog