this post was submitted on 04 Mar 2026
1353 points (98.6% liked)
Fuck AI
7069 readers
1153 users here now
"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
As much as this would be good news, it appears to be a fabrication. How is ChatGPT going to lose $14billion? Where does that number come from?
In 2025, they made $13.9 billion. How are they going to lose more than that this year?
To the best of my knowledge, openai have never made a profit. If by "made" you just mean income, then they loose money by spending far more than that, presumably on building and running datacentres
I’m talking in revenue. If they never got to $14 million, how can they lose it?
By being in debt, I presume. Although I don't know if invested money counts as revenue, so maybe they're spending that rather than going into actually debt
I guess I'm being pedantic and annoying about the word choices in here. It's difficult to lose something that never existed, but going deeper into debt is a totally real (and more accurate) thing. To me, this seems like the media putting a spin on things to make them seem less bleak then they are in reality.
They've been increasingly losing money. This is mostly because they were growing at a ridiculous rate over the past 3 years. Losing $14 billion is not unexpected. But it's also not detrimental. Tech companies like this are famous for growing with losses. All it takes is for OpenAI to go public and it'll become another Tesla, consistently overvalued.