←back to thread

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

(www.nytimes.com)
387 points reaperducer | 2 comments | 31 Oct 25 13:03 UTC | HN request time: 0.463s | source
Show context
nova22033 ◴[31 Oct 25 14:59 UTC] No.45772702[source]▶
Related

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

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

replies(4): >>45772839 #>>45772875 #>>45773834 #>>45774300 #
guywithahat ◴[31 Oct 25 15:07 UTC] No.45772839[source]▶
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

replies(12): >>45772879 #>>45773109 #>>45773135 #>>45773192 #>>45773193 #>>45773301 #>>45773367 #>>45773571 #>>45773718 #>>45773861 #>>45774054 #>>45774102 #
1. boringg ◴[31 Oct 25 16:50 UTC] No.45774102[source]▶
You can't honestly be comparing a shitty real estate play like WeWork to the real functional benefits people get out of ChatGPT.

ChatGPT was mind blowing when you first used it. WeWork is a real estate play fronted by a self aggrandizing self dealing CEO.

replies(1): >>45778434 #
2. jgalt212 ◴[01 Nov 25 01:13 UTC] No.45778434[source]▶
WeWork was much, much better than Regus.