misk@piefed.social to Technology@piefed.socialEnglish · edit-214 hours agoOpenAI spending hit $34bn last year ahead of planned IPOwww.ft.comexternal-linkmessage-square5linkfedilinkarrow-up116arrow-down10file-text
arrow-up116arrow-down1external-linkOpenAI spending hit $34bn last year ahead of planned IPOwww.ft.commisk@piefed.social to Technology@piefed.socialEnglish · edit-214 hours agomessage-square5linkfedilinkfile-text
minus-squareeestileib@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up2·4 hours agoIt looks a lot like round-tripping to me, big chunks of that money being spent on OpenAI was invested by MSFT in the first place. “I’m making a capital investment in open AI, oh look an equal amount came back in as expenditures on my cloud service!”
minus-squaredeadbeef79000@lemmy.nzlinkfedilinkEnglisharrow-up1·2 hours agoOh totally that. That’s how all the big guys goose their numbers.
It looks a lot like round-tripping to me, big chunks of that money being spent on OpenAI was invested by MSFT in the first place.
“I’m making a capital investment in open AI, oh look an equal amount came back in as expenditures on my cloud service!”
Oh totally that. That’s how all the big guys goose their numbers.