cross-posted from: https://piefed.social/c/technology/p/1510557/openai-needs-to-raise-at-least-207bn-by-2030-so-it-can-continue-to-lose-money-hsbc-esti
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cross-posted from: https://piefed.social/c/technology/p/1510557/openai-needs-to-raise-at-least-207bn-by-2030-so-it-can-continue-to-lose-money-hsbc-esti
(Original link. Warning: log in required)
So 1B/week?? 🤯
The most excellent part is the pricing for it was made up by Altman based on “feels”.
Burn Rate = “Wildfire Rate”
Wording it that way does really put it in perspective. Absolutely insane estimates for what they “need” to continue operating for the next ~4 years.