this post was submitted on 09 Oct 2026
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AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback. (futurism.com)
submitted 1 week ago by eicker@lemmy.world to c/technology@lemmy.world
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[–] Blue_Morpho@lemmy.world 1 points 5 days ago

The data is there, but it’s not in what those companies say.

You can't argue from the premise of conspiracy. Are they exaggerating? Maybe? But you absolutely cannot state with confidence that you know a huge secret hidden from all Wall Street analysts.

$20B loss on $50B revenue are the numbers that Wall Street thinks is correct. That's the data you have to go off of without unsupported conspiracies.