this post was submitted on 09 Oct 2026
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AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback. (futurism.com)
submitted 3 days ago by eicker@lemmy.world to c/technology@lemmy.world
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[–] Zos_Kia@jlai.lu 29 points 3 days ago (1 children)

And even the fifty billions may be inflated, as it is "annualized" revenue which can mean "we took a period of peak usage and generalized it to a year"

[–] ThirdConsul@lemmy.zip 7 points 3 days ago (2 children)

Didn't Anthropic calculate it based on the best day and multiplying by 365?

[–] Catoblepas@lemmy.blahaj.zone 5 points 3 days ago (1 children)

If I reported my income this way it would be fraud (and I would also “make” over 200k).

[–] ThirdConsul@lemmy.zip 2 points 3 days ago
  1. They are not reporting their income, but AAR apparently
  2. Yes, this is a scam.
[–] Zos_Kia@jlai.lu 2 points 3 days ago

I didn't wanna claim it when I wasn't sure of the source but yeah that's what I remember too