Are we supposed to post every blog/news post of OpenAI and keep fueling the AI hype? I think at this point people should know that OpenAI is just like any other company.
This seems like a big shift for OpenAI into an enterprise applications vendor to me.
What else could they have been? Microsoft didn't give them $10bn to build out their B2C homework autocomplete service.
A skunkworks shop that aims at 100x returns by producing cutting-edge AI tech, not another B2B BigTech company. Isn't that the very image they cultivated in the media?
How do you monetize cutting edge ai tech? Sell it. Who has money? Businesses.
If you can produce cutting edge AI tech, the opportunity cost is just too high to spend $1B on already established companies. Such acquisitions basically say that OpenAI can’t find a project worthy of $1B of compute and exceptional AI researchers either because there is nothing innovative they believe they can come up with or because anything innovative will be commoditized and produce little returns.
Correct.
So whats your prediction for the next 12 months?
I dunno. It will just become another diversified Big Tech company?
Can you call Meta diversified given most of its forward looking revenue comes from IG? Lol.
They sell ads. For people to look at ads they need to grab their attention. So they have an ad network, a social media platform, a microblogging platform, a short-form media sharing platform, a messenger, VR SW, VR HW, smart glasses, LLMs, a marketplace, a dating service, a street imagery service, a fitness service, some B2B stuff and so on.