knightly, (edited )
@knightly@pawb.social avatar

No, they aren’t. The things LLMs are being used for aren’t significant enough to justify the costs. OpenAI is the most capital-intensive startup in Silicon Valley history and burns through almost a million bucks a day in data center operations alone. Its net income was -$540 million in 2022 and 2023 looks to be closer to losing a whole billion despite nonupling their income. They’ll need to double their revenue again without raising costs just to start breaking even.

That kind of money-bonfire never lasts long.

  • All
  • Subscribed
  • Moderated
  • Favorites
  • technology@lemmy.world
  • DreamBathrooms
  • magazineikmin
  • thenastyranch
  • Youngstown
  • slotface
  • everett
  • ngwrru68w68
  • mdbf
  • kavyap
  • tsrsr
  • Durango
  • PowerRangers
  • hgfsjryuu7
  • InstantRegret
  • normalnudes
  • khanakhh
  • osvaldo12
  • vwfavf
  • tacticalgear
  • rosin
  • cubers
  • cisconetworking
  • GTA5RPClips
  • ethstaker
  • tester
  • modclub
  • Leos
  • anitta
  • All magazines