Couldn't have happened to a worse company! Hope it hurts even worse later on and fractures the Execucultist's will to shill AI further. π
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300 billion on OpenAI? Why? LLMs in general are trash, but ChatGPT isn't even the best LLM
ChatGPT isn't even the best LLM
Normie here. Which one is?
Not sure, but I hear the Claude Super Duper Extreme Fucking Pro ($200/month) is like the Ferrari of LLM assisted coding
GPT goes beyond chat, copilot code generation is also based on that. They also have generative visual stuff, like Sora.
Then there is brand recognition I guess, tech bros and finance bros seem to love OpenAI.
Brand recognition cannot be overstated.
If there was a better-than-YouTube alternative right now, YouTube would still dominate.
If there was a phone OS superior to Android and iOS, they would both still dominate.
If there was a search engine that worked far better than Google, Google would still dominate.
The average person won't look into LLM reasoning benchmarks. They'll just use the one they know, ChatGPT.
But Windows and Google can shove it in your face because you're already on their platform and they are doing that. You have to go to openai website.
What they know is Google though. Most normal people doing a search now just take the Gemini snippet at the top. They donβt know or care what AI even is really. I donβt know how OpenAI can possibly compete with web search defaults.
I don't think openAI is as well-known a Google.
ChatGPT might be, which is the point.
OpenAI isnβt very good in any of those categories and they still have no business model. Subscriptions would have to be ridiculously high for them to turn a profit. Users would just leave. But to be fair that goes for all AI companies at the moment. None of their models can do what they promise and theyβre all bleeding money.
Yeah, I figured brand recognition was part of it. Everyon'e heard of ChatGPT- hell, last time I checked, ChatGPT was the number 1 app on the planet- but Claude isn't nearly as popular, even though (in my opinion) it's a lot better with code. It's just a lot more thorough than the slop ChatGPT spits out
I wonder .. will it be another case of "Too Big To Fail" .. or will it be .. "Let The Market Decide"?
I'm guessing the answer depends on how many medals the CEO of Oracle can bestow upon the Orange.
Me .. cynical .. no .. just been here for a while.
OpenAI CEO Sam Altman declared a βcode redβ last week as the upstart faces greater rivalry from Google, threatening its ability to monetize its AI products and meet its ambitious revenue targets.
Interesting that even Sam Altman is worried now!
AFAIK there are also problems that Chinese companies have their own tool chain, and are releasing high level truly open source solutions for AI.
Seems to me a problem for the sky high profits could be that it is hard to make AI lock in, like is popular with much software and cloud services. But with AI you can use whatever tool is best value, and switch to the competition whenever you want.
It's nice that it will probably be impossible for 1 company to monopolize AI, like Microsoft did with operating systems for decades.
Please, government of the USA, do not bail them* out. At least not any more than what you're already giving them.
* OpenAI
Altman just needs to cobble together a gold Trump statue, deliver it to the White House, and any bailout needed is his.
Oracle doesn't need a bailout, they are loaded, and can afford this loss. But of course an investment not being as profitable as they promised means the stock goes down. It's not like the company is anywhere near being in trouble.
I donβt know of a single
truly open source solutions for AI
from China. China doesnβt seem very keen on open source as a whole to be honest. That is unless they can monetize on open source projects from outside of China. Their companies love doing that.
Your ignorance is not a valid point.
https://techwireasia.com/2025/07/china-open-source-ai-models-global-rankings/
every major chinese model is open source
DeepSeek the software is open source.
same with qwen, ernie, minimax, and kimi
They are releasing lots of open weight models. If you want to run AI stuff on your own hardware, Chinese models are generally the best.
They also don't care about copyright law/licensing, so going forward they will be training their models on more material than Western companies are legally able to.
Oracle recently put out a ridiculously optimistic forecast that had them matching AWS within 5 years. At first the market loved it.
Now I think people are beginning to realise that was a load of bollocks.
Honestly, tulips were a better investment than Tesla or OpenAI. In fact, the continued success of the latter two tells you by itself there is something deeply, seriously wrong with the stock markets and the economy as a whole.
Pop it! Pop it! π
Lol get fucked fascist
Good
Oracle can't fail. It stores data for all the other fangs.
Amazon famously kicked them out, writing quite publicly about all the benefits.