Alphane Moon@lemmy.world to Technology@lemmy.worldEnglish · 2 days agoMicrosoft seemingly just revealed that OpenAI lost $11.5B last quarterwww.theregister.comexternal-linkmessage-square237fedilinkarrow-up1919arrow-down16cross-posted to: [email protected]
arrow-up1913arrow-down1external-linkMicrosoft seemingly just revealed that OpenAI lost $11.5B last quarterwww.theregister.comAlphane Moon@lemmy.world to Technology@lemmy.worldEnglish · 2 days agomessage-square237fedilinkcross-posted to: [email protected]
minus-squareRustyOwl@lemmy.worldlinkfedilinkEnglisharrow-up2·19 hours 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-up5·19 hours agoThat’s like saying you’re glad you got paid less because that means you’ll pay less taxes.
minus-squareRustyOwl@lemmy.worldlinkfedilinkEnglisharrow-up2·19 hours 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-up4·19 hours 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.