this post was submitted on 09 Oct 2026
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(page 3) 50 comments
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[–] humanspiral@lemmy.ca 16 points 3 days ago (5 children)

The $20B difference is based on an accounting fraud. $50B vs $70B is like if GM would count the total of what buyers pay for cars ($70B) instead of their real revenue ($50B) of what their dealers pay them. Monumental fraudster BS came out overnight to resume the bubble frenzy though.

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[–] jaykrown@lemmy.world 11 points 2 days ago (1 children)

Yep, no way they're ever going to be profitable.

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[–] urushitan@kakera.kintsugi.moe 25 points 3 days ago (5 children)

This article conveniently ignores the fact that Anthropic is reporting a second profitable quarter to investors.

[–] brucethemoose@lemmy.world 24 points 3 days ago* (last edited 3 days ago) (4 children)

Yeah.

I don’t like Anthropic’s long term prospects, but OpenAI is specifically in trouble, near term.

Their whole premise was becoming a Facebook-style “where else are you gonna go?” captured market on the consumer side, and that is clearly not happening. They wanted an enterprise monopoly, and those business customers are looking elsewhere.

Their ass is cooked.

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[–] SabinStargem@lemmy.today 17 points 3 days ago (1 children)

Hopefully, I will be able to pick up x4 RTX Pros and 2TB of DDR5 RDIMM after ClosedAI dies. I would like to run local open models like Kimi.

Qwen Next has been helpful in getting an old game to run on modern Windows - getting the graphics to render properly, adding support for Xbox shoulder triggers, and so on. While I probably could flounder my way through, just having the AI handle things as I sleep overnight is much appreciated.

The more AI power that individuals can own, the better it is for the everyday person.

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[–] IEatDaFeesh@lemmy.world 14 points 3 days ago (3 children)

This feels like a nothing burger. It either won't affect them or the government will bail them out.

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[–] someone@lemmy.today 3 points 2 days ago

Oh no! If only someone could buy then once they go into bankruptcy... someone like... Microslop perhaps?

(mark my words, this will almost certainly happen)

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