Thanks for sharing! It's pretty rare to see a balanced take from Ed Zitron.
> I also cannot reconcile these numbers with the reporting that OpenAI will have a cash burn of $9 billion in CY2025. On inference alone, OpenAI has already spent $8.67 billion through Q3 CY2025.
You just have to believe. Believe in Sam Altman and everything he says and imagines. Believe in him when he says that he needs to spend 7% of world GDP on datacentres to pump out Sora slop and get his LLMs to type out the cure for cancer. Just believe. Believe harder.
Nvidia is getting all the money though. It’s not their problem that people want to burn cash in their direction in order to build products that only lose money. At least it’s not their problem right now…
Thanks for sharing! It's pretty rare to see a balanced take from Ed Zitron.
> I also cannot reconcile these numbers with the reporting that OpenAI will have a cash burn of $9 billion in CY2025. On inference alone, OpenAI has already spent $8.67 billion through Q3 CY2025.
This is insane.
Explains why Sam was so panicked when asked about revenues recently.
You just have to believe. Believe in Sam Altman and everything he says and imagines. Believe in him when he says that he needs to spend 7% of world GDP on datacentres to pump out Sora slop and get his LLMs to type out the cure for cancer. Just believe. Believe harder.
It's insane if the data is accurate. Only time will tell
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Although not mentioned, I think the exponentially rising costs have something to do with Sora.
This along with the fact that it is easier than ever to switch models today. And the fierce competition from Google and Anthropic.
Cannot wait for the pump and dump that the OpenAI IPO is going to be.
the oldheads are snickering at dotcom 2.0 from behind their gray beards.
And slowly building up their shorts and keeping cash on the sidelines to short harder when it finally all comes crashing down.
NVIDIA earnings call is November 19th
brb buying puts
Nvidia is getting all the money though. It’s not their problem that people want to burn cash in their direction in order to build products that only lose money. At least it’s not their problem right now…