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David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 2 months ago

OpenAI user numbers go flat — just in time for the IPO

pivot-to-ai.com

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OpenAI user numbers go flat — just in time for the IPO

pivot-to-ai.com

David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 2 months ago
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OpenAI is running out of other people’s money. Time to hit the public markets! OpenAI hopes to IPO in September. [WSJ, archive] SpaceX’s IPO is set for June 12. That’ll mess things up for OpenAI an…

more ‘annualised’ numbers

https://www.youtube.com/watch?v=1UseKYcluMk&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260522-openai-user-numbers-go-flat-just-in-time-for-the-ipo - podcast

time: 5 min 32 sec

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  • HM King Charles III DG FD@feddit.uk
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    2 months ago

    Will this pop the bubble?

    • MisterD@lemmy.ca
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      2 months ago

      If this doesn’t, China flooding the market will memory chips will.

      • HM King Charles III DG FD@feddit.uk
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        2 months ago

        China please 🥺🙏

      • lurker@awful.systems
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        2 months ago

        Honestly go China im sick of this shit

    • Soyweiser@awful.systems
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      2 months ago

      Has anything popped the bitcoin bubble?

      • HM King Charles III DG FD@feddit.uk
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        2 months ago

        It’s popped a few times before

  • CinnasVerses@awful.systems
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    2 months ago

    If the global economy collapses over the Gulf War, watching Sam Altman do a Wile E. Coyote in mid-air will keep me amused on the bread line.

    Seen elsewhere: “Is Stripe the Most Anticipated IPO Since Coinbase?”

  • V0ldek@awful.systems
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    2 months ago

    Adjusted operating income margin was -122% in the first quarter … That means that for every dollar of revenue the company generated, it lost $1.22

    This is so confusing. So is it -122% or is it -22%? Cause -122% should mean that for each dollar gained they lose 2.22 because that’s how percentages work, no?

    • V0ldek@awful.systems
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      2 months ago

      The lower of those numbers is obviously fake. The other is “okay, I guess they’re doing better than I expected, but at least it’s plausible”

    • froztbyte@awful.systems
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      2 months ago

      the “margin” is load bearing; formula here is operating income divided by revenue

    • David Gerard@awful.systemsOPM
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      2 months ago

      I have no idea and I wonder if The Information does either.

    • CinnasVerses@awful.systems
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      2 months ago

      I am not a CPA but I think that means “they spend $2.22 to make another $1.00”

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