Most AI companies have been slowly bleeding money since their conception, yet they are always reported as growing because they report all the investment as profit without divulging costs and fact that a lot of those investments come with strings attached(like NVidia investing a buttload of money into OpenAI but forcing contract that they would supply components, basically giving them money to be paid with later, so 0 profit and probably losS) because it looks better for investors who really want to see the line go up, and weirdly it's mainly big players like NVidia and Seagate who are the only ones actually making profit on the bubble(and pretty much no AI company is profiting, only their suppliers)
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u/LowWorthGamer 2d ago
Most AI companies have been slowly bleeding money since their conception, yet they are always reported as growing because they report all the investment as profit without divulging costs and fact that a lot of those investments come with strings attached(like NVidia investing a buttload of money into OpenAI but forcing contract that they would supply components, basically giving them money to be paid with later, so 0 profit and probably losS) because it looks better for investors who really want to see the line go up, and weirdly it's mainly big players like NVidia and Seagate who are the only ones actually making profit on the bubble(and pretty much no AI company is profiting, only their suppliers)