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 18 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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[–] jj4211@lemmy.world 4 points 1 hour ago

There were a lot of companies that were unprofitable during dot com and failed.

The question would be if openai is like Amazon or webvan or Netscape or AOL or....

I would argue that openai is more overextended than amaxon was, and worse, they aren't really seen as the leading company anyway, nor do they have a strong hook. Anthropic is broadly more well regarded, and Google has the captive audience of phones and browsers.

Despite this reporting suggests openai maybe the most insane purchasing commitments.

I don't think it ends well for openAI, however durable AI market ends up otherwise.