OpenAI Misses Key Revenue, User Targets in High-Stakes Sprint Toward IPO
The company’s CFO and board have questioned the wisdom of massive data-center spending in the face of slowing growthFrom https://www.wsj.com/tech/ai/openai-misses-key-revenue-user-targets-in-high-stakes-sprint-toward-ipo-94a95273
Several interesting details in this article, including that both Google and Anthropic are eating a bit of OpenAI's lunch. DeepSeek's latest model would be poised to eat all their lunches if it weren't for the US government running cover for US firms. This does not feel like a stable situation to me.
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