jeffw@lemmy.world to Technology@lemmy.worldEnglish · 1 day agoOpenAI, valued at $157 billion, isn't profitable. Should that be normal?www.salon.comexternal-linkmessage-square73fedilinkarrow-up1350arrow-down19
arrow-up1341arrow-down1external-linkOpenAI, valued at $157 billion, isn't profitable. Should that be normal?www.salon.comjeffw@lemmy.world to Technology@lemmy.worldEnglish · 1 day agomessage-square73fedilink
minus-squaresugar_in_your_tealinkfedilinkEnglisharrow-up5·13 hours agoRight. They spend their free cash (and sometimes more) on R&D and infrastructure, which by definition means they’re unprofitable. Profit is what’s left after expenses, so if you have nothing left, you’re unprofitable.
Right. They spend their free cash (and sometimes more) on R&D and infrastructure, which by definition means they’re unprofitable. Profit is what’s left after expenses, so if you have nothing left, you’re unprofitable.