jeffw@lemmy.world to Technology@lemmy.worldEnglish · 2 days agoOpenAI, valued at $157 billion, isn't profitable. Should that be normal?www.salon.comexternal-linkmessage-square102fedilinkarrow-up1430arrow-down110
arrow-up1420arrow-down1external-linkOpenAI, valued at $157 billion, isn't profitable. Should that be normal?www.salon.comjeffw@lemmy.world to Technology@lemmy.worldEnglish · 2 days agomessage-square102fedilink
minus-squareLovableSidekick@lemmy.worldlinkfedilinkEnglisharrow-up9arrow-down1·2 days agoThe history of the Internet and computers in general is full of investors willing to take seemingly insane chances on overvalued speculative ventures.
minus-squareaesthelete@lemmy.worldlinkfedilinkEnglisharrow-up9·2 days agoPrivate equity is so pumped full of cash that they basically have nothing better to do with it.
The history of the Internet and computers in general is full of investors willing to take seemingly insane chances on overvalued speculative ventures.
Private equity is so pumped full of cash that they basically have nothing better to do with it.