Sam Altman Explains OpenAI’s Bet On Profitability

Share via:


In an interview with the Big Technology Podcast, Sam Altman seemed to struggle answering the tough questions about OpenAI’s path to profitability.

At about the 36 minute mark the interviewer asked the big question about revenues and spending. Sam Altman said OpenAI’s losses are tied to continued increases in training costs while revenue is growing. He said the company would be profitable much earlier if it were not continuing to grow its training spend so aggressively.

Altman said concern about OpenAI’s spending would be reasonable only if the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Sam Altman Explains OpenAI’s Bet On Profitability


In an interview with the Big Technology Podcast, Sam Altman seemed to struggle answering the tough questions about OpenAI’s path to profitability.

At about the 36 minute mark the interviewer asked the big question about revenues and spending. Sam Altman said OpenAI’s losses are tied to continued increases in training costs while revenue is growing. He said the company would be profitable much earlier if it were not continuing to grow its training spend so aggressively.

Altman said concern about OpenAI’s spending would be reasonable only if the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

TikTok owner ByteDance on track for $50 billion profit...

ByteDance Ltd. is on track for profits of...

macOS 26.2 adds one of the smartest video calling...

While it was somewhat overshadowed by the release...

[Exclusive] MilkStation Nets $2.5 Mn To Expand Value Added...

SUMMARY MilkStation will use the funds for capex expansion,...

Popular