381–390 of 529 posts
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> What is the point - exactly - of profit? It's what attracts capital investment, which businesses need
OpenAI seems to do reasonably well at attracting capital investment without profits. As did Amazon, Google, Meta etc etc.
Could be wrong though.
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also they need to pay back that in one year, so if OpenAI don't IPO this year they are screwed
Was curious about the source here. Seems widely reported and I just missed it. This a unpaywalled source I found https://techcrunch.com/2026/03/27/why-softbanks-new-40b-loan...
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Does the GAAP accounting matter if everyone passively buys shares due to the new fast entry rules, which corruptly will force us all to buy into these companies? The fundamentals and true value seem less relevant than ever: https://www.benzinga.com/markets/tech/26/03/51248353/michael...
Diluting the index entry rules, only devalues the index utility. When it becomes a bigger problem, other indices with higher quality controls will out compete the current ones and be used by asset managers seeking safety. More likely than not, most of us are already holding stock in these companies one way or another. All the Mag 7 hold a major chunk of OAI and Anthropic stock anyway, slower entry does not make it le…
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that being said, how can Softbank keep throwing around all these astronomical numbers after so many bad investments? Leftover iPhone money?
Most people know Softbank as the company who lost billions on WeWork and not the company who made several more billions on the ARM IPO.
Or OpenAI pays off it's investors? Lol.
I am not sure if I believe in the Singularity or not. But it's kind of the best story ever to support the game of musical chairs that is Silicon Valley investing.
$2b/month which is $24b/year. Not as much as I expected considering they were at $20b by end of 2025.[0] They only added $4b since? Anthropic had $19b by end of February 2026 and they added $6b in February alone.[1] This means if they added another $6b in March, they're higher than OpenAI already. However, I heard that OpenAI and Anthropic report revenue in a different way. OpenAI takes 20% of revenue from Azure sale…
Still a huge amount of revenue for any company. Those $20/month fees are going to triple in a couple yrs. But the VCs expect much much more.
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Still a huge amount of revenue for any company. Those $20/month fees are going to triple in a couple yrs. But the VCs expect much much more.
Friends of mine working in AI companies are saying we’ll be lucky if they only triple. More like 10-20x long term, especially for enterprise
That makes a little more sense, because the number of subscribers are so low that tripling won't really make much difference in terms of turning a profit.
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And why do you think twenty competitors can stay competitive for years to come? Industries always consolidate and winners emerge. SOTA LLMs look like a natural monopoly or duopoly to me because the cost to train the next model keeps going up such that it won't make sense for 20 competitors to compete at the very high end. TSMC is a perfect example of this. Fab costs double every 4 years (Rock’s Law). It's almost impo…
Google has already surpassed them both in all areas except coding. People on HN only look at benchmarks, but Gemini's multimodal understanding, things like identifying what a plant is, normal user use cases (other than chatting), integration with other tools, is much better. It's believable that Meta, ByteDance, etc. can catch up too. It is not certain that scaling will meaningfully increase performance indefinitely,…
It's certain that it won't. We've already hit diminishing returns.