OpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altman
OpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altman
ChatGPT maker OpenAI is losing even more executives — right as Reuters reports that it's looking to restructure its core business.
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Aren't they going bankrupt next year ?
They'll just get a check for Infinity Money to keep going, because otherwise something something China Will Win.
But their operation cost is 5 billions per year, they plan to raise 6.5 billions from microsoft, apple and nvidia this year and they have not raised it yet. If their model fail next year and sales not happen will shareholders of big 3 pay 6.5 billions in 2026. There were couple companies that raised such amount of money at start like for example Docker Inc. Where is Docker now in enterprise ? They needed to change licensing model to even survive and their operation cost is just storage of docker containers. I doubt openai will survive this decade. Sam Altman is just preparing for Microsoft takeover before the ship is sunk.