Exclusive: I have seen OpenAI's audited financials for 2024 and 2025. In 2025, OpenAI had $13.07 billion in revenue and $34 billion in costs. $867 million of its revenue came from SoftBank, and $303 million came from Microsoft. www.wheresyoured.at/exclusive-op...
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@techmeme.com tips @techmeme.com OpenAI losses increased nearly 8x in 2025 with spending hitting $34bn www.wheresyoured.at/exclusive-op...
You don't understand they are just like Amazon they will catch up soon and hyper scale. Cost effective enterprise compute and web services are exactly the same and important as a chat bot that tells me to kill myself
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the funniest thing about this post is that, even read straight, the economics are obviously backwards to anyone paying half a lick of attention
the world is not ready for how little competitive edge any company is going to have in the language model space for any meaningful length of time, it's IBM PC compatibles all over again
this is the historical moment this account was specifically made for, the point where AI finally starts going out like the end of Goodfellas
I literally had someone pull a "but Amazon wasn't profitable for years" on me just last week (followed by a reference to Pets.com, so I guess that's some kind of booster bingo?). 🙄