❗️George Noble (billion dollar hedge fund founder, and Fidelity Overseas Fund), says OpenAI is about to fall apart.
"No startup in history has operated with losses on anything approaching this scale."
- Lost 12 BILLION in a single quarter.
- Traffic falling second month in a row.
- Safeforce ditching ChatGPT for Gemini.
- Top leadership Devs quitting
- Elon's 134B lawsuit
- Needs 143 Billion before it's profitable
He goes on: "The AI hype cycle is peaking. The diminishing returns are becoming impossible to hide. Competitors are catching up. The lawsuits are piling up."
aipost 🏴
"No startup in history has operated with losses on anything approaching this scale."
- Lost 12 BILLION in a single quarter.
- Traffic falling second month in a row.
- Safeforce ditching ChatGPT for Gemini.
- Top leadership Devs quitting
- Elon's 134B lawsuit
- Needs 143 Billion before it's profitable
He goes on: "The AI hype cycle is peaking. The diminishing returns are becoming impossible to hide. Competitors are catching up. The lawsuits are piling up."
aipost 🏴
