102
OpenAI could be on the brink of bankruptcy in under 12 months, with projections of $5 billion in losses
(www.windowscentral.com)
this post was submitted on 28 Jul 2024
102 points (97.2% liked)
Technology
35148 readers
55 users here now
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
We are talking specifically about OpenAI, though.
People who previously were at the high end of GPU can now afford used H100s -> they sell their GPUs -> we can maybe afford them
the hermit crab gambit, everyone line up in order of size!
Yep and if OpenAI goes under the whole market will likely crash, people will dump their GPUs they’ve been using to create models and then boom, you’ve got a bunch of GPUs available.
That would depend entirely on why OpenAI might go under. The linked article is very sparse on details, but it says:
Which suggests this is likely an OpenAI problem and not an AI in general problem. If OpenAI goes under the rest of the market may actually surge as they devour OpenAI's abandoned market share.