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0 points__loam2y ago0 comments

We don't really know anything about the internal finances at this point. The product is solid but who knows how fucked up things are. Maybe they were on track to run out of money. GPU compute ain't cheap.

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crop_rotation2y ago

None of that can be a reason for a step like this. OpenAI can easily charge much more for their products, and there is a market for even extremely high prices (even if not as big) and given this is a non profit, it doesn't even need to make billions of dollars in money.

CrazyStat2y ago

OpenAI exists both as a nonprofit and, for several years now, as a for-profit company [1] that has taken billions of dollars in investment. It needs to make billions of dollars to return to investors just as much as any other for-profit company does.

[1] https://openai.com/blog/openai-lp

crop_rotation2y ago

The non profit is the majority owner of the for profit, and there is no investor pressure here to make billions.

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0 points__loam2y ago0 comments

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crop_rotation2y ago

CrazyStat2y ago

[1] https://openai.com/blog/openai-lp

crop_rotation2y ago

The non profit is the majority owner of the for profit, and there is no investor pressure here to make billions.

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