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cm0002@toast.ooo to United States | News & Politics@midwest.social · 8 days ago

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

futurism.com

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

futurism.com

cm0002@toast.ooo to United States | News & Politics@midwest.social · 8 days ago
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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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  • testfactor@lemmy.world
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    8 days ago

    Somehow I don’t think that this is actually gonna move the needle at all.

    • apfelwoiSchoppen@lemmy.world
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      8 days ago

      We are at too-big-to-fail levels but I’m still confused about what they are big in.

  • BestBouclettes@jlai.lu
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    8 days ago

    If OpenAI and Anthropic fall at the same time, that will be fucking hilarious. I hope they bring all their enablers down with them. Microsoft, Oracle, Amazon, Nvidia, Google and the rest.

    • Tollana1234567@lemmy.today
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      8 days ago

      it would also make the investment into flock kinda useless, since it depends on AI.

  • DrSleepless@lemmy.world
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    8 days ago

    Burst, baby, burst!

  • wyldrstallyns@lemmy.dbzer0.com
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    8 days ago

    Strap in, y’all! It’s a race!

    • burido@lemmy.world
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      8 days ago

      A race straight to Hel… oh look a shoe!

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