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lechekaflan@lemmy.world to Fuck AI@lemmy.worldEnglish · 3 days ago

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

futurism.com

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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 · 3 days ago
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  • usa@lemmy.ml
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AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure in Leaked Documents
futurism.com
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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.
  • Sergio@piefed.social
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    3 days ago

    I knew they were desperate once I saw them try to fleece professional mathematicians.

    • group_hug@sh.itjust.works
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      2 days ago

      Burned $30 million in processing power to earn a $1 million math prize.

      https://podcasts.apple.com/us/podcast/math-vs-machine/id152249110?i=1000794039469

      https://www.bbc.com/news/articles/cy7zygy3rl2o

      AI is very efficient at burning money it seems.

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