Alphane Moon@lemmy.world to Technology@lemmy.worldEnglish · 1 month agoMicrosoft seemingly just revealed that OpenAI lost $11.5B last quarterwww.theregister.comexternal-linkmessage-square224fedilinkarrow-up1937arrow-down16cross-posted to: usa@midwest.socialusa@lemmy.ml
arrow-up1931arrow-down1external-linkMicrosoft seemingly just revealed that OpenAI lost $11.5B last quarterwww.theregister.comAlphane Moon@lemmy.world to Technology@lemmy.worldEnglish · 1 month agomessage-square224fedilinkcross-posted to: usa@midwest.socialusa@lemmy.ml
minus-squareRustyOwl@lemmy.worldlinkfedilinkEnglisharrow-up2·1 month agoI bet this is amazing for tax write off. With their already ridiculous tax break, this should pair well with it.
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up6·1 month agoThat’s like saying you’re glad you got paid less because that means you’ll pay less taxes.
minus-squareRustyOwl@lemmy.worldlinkfedilinkEnglisharrow-up2·1 month agoI understand how dumb it sounds, but many companies benefit from losing money, but it doesn’t mean they are broke.
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up4·1 month agoNo, OpenAI is sustained by investment money, not actual revenue from products.
I bet this is amazing for tax write off. With their already ridiculous tax break, this should pair well with it.
That’s like saying you’re glad you got paid less because that means you’ll pay less taxes.
I understand how dumb it sounds, but many companies benefit from losing money, but it doesn’t mean they are broke.
No, OpenAI is sustained by investment money, not actual revenue from products.