this post was submitted on 10 Jul 2026
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OpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's finances (www.tomshardware.com)
submitted 20 hours ago by FoxtrotDeltaTango@sh.itjust.works to c/technology@lemmy.world
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cross-posted from: https://toast.ooo/post/12317935

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[–] FukOui@lemmy.zip 7 points 7 hours ago

I think companies these days are more about valuation (how much people think they are worth) vs profit (what they actually earn). AI companies are loss leaders, yet vcs still fund them anyways. Paying them more money will just add to hype and valuation (eg "our XX service grew YY% which projects to ZZ potential profit")