OpenAI might torch $14 billion in 2026, hitting bankruptcy by next year (www.windowscentral.com)

submitted 8 months ago by scrubbles@poptalk.scrubbles.tech to c/technology@beehaw.org

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I've been an AI realist from the start. What can the models actually do? What are the limitations? Ultimately, I think there is a place in the market for them - for people who understand the limitations of them and know when they're spewing BS.

I am not shocked at all that OpenAI (and Microsoft being one of it's largest shareholders) is burning cash and suddenly is realizing it may not be able to make good on it's promises. AI reality vs AI hype. Us actual tech people have known since the beginning this was all hype, now finance people are starting to notice (about time).

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[-] belated_frog_pants@beehaw.org 11 points 8 months ago

Its a pretty willfully nefarious game of hot potato and they are very willing to keep it going as long as possible.

Then we get "too big to fail" so they can be bailed out with social funds instead of going down in flames for gambling.

this post was submitted on 22 Jan 2026

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