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deepseek
(lemmy.ml)
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this post was submitted on 28 Jan 2025
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Microblog Memes
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I wasn't under the impression American AI was profitable either. I thought it was held up by VC funding and over valued stock. I may be wrong though. Haven't done a deep dive on it.
Okay, I literally didn't even post the comment yet and did the most shallow of dives. Open AI is not profitable. https://www.cnbc.com/2024/09/27/openai-sees-5-billion-loss-this-year-on-3point7-billion-in-revenue.html
The CEO said on twitter that even their $200/month pro plan was losing money on every customer: https://techcrunch.com/2025/01/05/openai-is-losing-money-on-its-pricey-chatgpt-pro-plan-ceo-sam-altman-says/
I don't see how they would become profitable any time soon if their costs are that high. Maybe if they adapt the innovations of deepseek to their own model.
deep seek you mean?
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To the rich being overvalued and being profitable are indistinguishable.
I get your point, but I mean the business being profitable from an accounting perspective, not the stock being profitable from an investing perspective.