🔬 Science 8h ago · Joe Wilkins

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure in Leaked Documents

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AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure in Leaked Documents
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For anybody who thought AI companies were about to unlock trillions of dollars in profits, OpenAI has bad news for you: it ain’t happening anytime soon.



Some red-hot reporting from the Financial Times just revealed that OpenAI’s annualized revenue — an estimated guess at a company’s income for the year — is roughly $20 billion lower than anybody had previously expected, including, it seems, OpenAI itself.



Because OpenAI is a private company, it’s important to n

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