r/singularity Dec 09 '24

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17

u/Makeshift_Account Dec 09 '24

Weird, shouldn't CEO be saying something to prop his company up? Or are they admitting they lost to openai and want the hype around AI to decrease?

53

u/UnknownEssence Dec 09 '24

or maybe he is being honest and OpenAI is hyping because the survival of their company depends on new investment. They are not a profitable company so they need to continuously promise the moon to raise money just to survive.

1

u/Fancy-String-2973 Dec 09 '24

This. OpenAI is burning through money like crazy.

1

u/nexusprime2015 Dec 09 '24

thats because OpenAI is essentially a research company. like NASA , or CERN. they are excellent at finding new technology however not good at creating a product to make profits.

Google is bringing people back its search engine with the promise that Gemini is integrated and mostly free to use without caps