Premium: The Hater's Guide to OpenAI
SMRTR summary
Sam Altman and OpenAI face serious credibility concerns as financial irregularities mount, with critics alleging the company systematically inflates revenue figures and makes impossible spending promises like $600 billion in compute costs by 2030. The company reportedly loses $4-10 billion while generating each $2 billion in revenue, relies heavily on venture-backed customers, and has sidelined its CFO who opposes rushing toward an IPO due to financial risks.
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