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AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

3 days ago by eicker to c/technology

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It turns out that AI demand is significantly lower than expected, as OpenAI shaves $20 billion off its revenue expectations for 2026.
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IEatDaFeesh 14 points 3 days ago

This feels like a nothing burger. It either won't affect them or the government will bail them out.

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digdig 5 points 3 days ago

With the amount of money being spent on AI 20 Billion is a drop in the ocean.

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tehciolo 3 points 2 days ago

However, if you are talking about revenues, 20 billion is suddenly a significant amount. Funny that

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