valued at $157 billion
Isn't profitable
Pick one.
this post was submitted on 19 Jan 2025
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Profitable means your revenue is higher than your expenses. Valuation is whatever someone is willing to buy your business for (i.e. what they think the company could earn in the future). They are completely separate concepts, and a highly profitable company could have a low valuation while an unprofitable company can have a high valuation based purely on the future potential of the company.
Is a private company that can say it's worth whatever they want it doesn't make it true. Only public companies have to have the bare minimum of transparency
I think you misunderstand what valued at means.
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(4 replies)
No.
People always act like "how can company A be a thing when it isn't profitable". It isn't about if company A is profitable. It's about whether CEO A is making money. As long as that can happen and, you know, others at the top, company A is right on track.
Yes and it should be worse. OpenAI should be forced to take on the cost of compensating every copyright holder it exploited. If that means OpenAI doesn’t exist I’m absolutely okay with that.
removing the cost of R&D I would assume its profitable right? Once the model is trained running it takes significantly less computing. OpenAI has a fuck ton of customers so I would assume they are making back the cost of running their model API.
With these kinds of models you can't ever stop training them, otherwise you reach a point where the data becomes dated and thus the model is dated.
Think world events. Say another bird flu became a pandemic. The model can only know about that if it's trained on those events.
There are systems (Rag) that can answer questions based on additional content, but that would only work on a subset of problems/situations.
Oh true i did not consider that they require constant training to stay up to date.
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(3 replies)
Isn't it a private company? They could say it's worth infinity trillion dollars...
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