Not_mikey@Not_mikey@lemmy.dbzer0.com

Replying to @⁨eicker@lemmy.world⁩

Basically, the AI lab told backers to expect revenues approaching $50 billion — far shorter than the explosive $70 billion number reported previously.

Though that $70 billion figure was also based on leaked investor memos, OpenAI wasn’t in any hurry to deny it, digging itself into a $20 billion hole.

So they told investors they’d make $70b and now they’re bringing down the forecast to $50b . $50b is still insane, that’s more revenue then any other software company except Microsoft (and probably anthropic), next closest is Salesforce with $41b, and Salesforce built that revenue over decades. Open AI finished 2025 with $13b in revenue, that’s nearly 4x growth in a year on more then 10 billion in revenue, that has never been done before.

Idk if this is a sign of a bubble collapsing just because it’s record setting growth and revenue aren’t as explosive as they initially said. It is still very much explosive, but more a fission bomb then an h bomb. It seems the market agrees, Nvidia is down ~1% on this news, but still up 5% on this month and 20% yoy.

Edited ⁨⁨Oct⁩ ⁨9⁩, ⁨2026⁩, ⁨20:20⁩⁩en
Lumisal@Lumisal@lemmy.world

Replying to @⁨Not_mikey@lemmy.dbzer0.com⁩

“revenue” that’s propped up by the government and ignores other factors, such as overall expenses, competing open source models, and non-realized assets.

The difference between Microsoft and OpenAI or Anthropic is that Microsoft has a profit model.

There’s absolutely no way that the big LLM companies can make enough profit to overcome their expenses in the next decade even, especially since the technology on the open front only continues to improve. That’s why the LLM bros keep hyping it up via fear mongering and criminal activities like hacking - to keep selling the illusion that it’s AI.