Tag: economics
All the articles with the tag "economics".
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OpenAI Shut Down Sora. It Cost $15 Million a Day to Run and Made $2.1 Million Total.
OpenAI killed its AI video generator after burning $15 million per day in compute costs against $2.1 million in total lifetime revenue. But the real story is not about Sora. It is about the entire AI industry running on subsidized magic.
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OpenAI Raised $110 Billion. Read That Number Again.
Amazon put in $50 billion. NVIDIA put in $30 billion. SoftBank put in $30 billion. The largest private funding round in history values OpenAI at $840 billion. More than most countries. What could possibly justify this?