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387 points reaperducer | 1 comments | 31 Oct 25 13:03 UTC | HN request time: 0.216s | source

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nova22033 ◴[31 Oct 25 14:59 UTC] No.45772702[source]▶

>>45771538 (OP) #

https://www.theregister.com/2025/10/29/microsoft_earnings_q1...

Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter

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guywithahat ◴[31 Oct 25 15:07 UTC] No.45772839[source]▶

>>45772702 #

It's incredible how Tesla used to lose a few hundred million a year and analysis shows would freak out claiming they'd never be profitable. Now Rivian can lose 5 billion a year and I don't hear anything about it, and OpenAI can lose 11 billion in a quarter and Microsoft still backs them.

I do think this is going to be a deeply profitable industry, but this feels a little like the WeWork CEO flying couches to offices in private jets

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1. butlike ◴[31 Oct 25 16:46 UTC] No.45774054[source]▶

>>45772839 #

That was back in the mid 2010s right? Companies had yet to reach 1T valuation. 5bil against 1T is a drop in the bucket

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How OpenAI uses complex and circular deals to fuel its multibillion-dollar rise