This is interesting... I've be

This is interesting... I've been seeing snarky comments about how OPENAI becoming for profit won't necessarily mean it would do an IPO, and *boom!* this news drops.
They will have to open up their books to investors... that will reveal information about what goes on behind the curtain.

I get the sick filling in my stomach that OPENAI might be worsening the bubble though. Considering how Chinese AI companies could catch up with inferior tech, it makes me seriously question if OPENAI would really be viable, and whether the bubble burst really wouldn't take them down (are they really too big to fail?). Feels a little like hubris.

OpenAI Family Expanding: Is It A Blessing or A Curse?

OpenAI has been insanely busy lately — one moment it’s doing e-commerce, the next it’s getting into social, and now it’s even launching a browser. It announced plans to deploy 6GW of AMD Instinct GPUs. OpenAI went a step further and partnered with Broadcom to develop custom ASIC chips. Microsoft mainly provides OpenAI’s training compute, while Oracle handles inference workloads. Meanwhile, PayPal officially announced a partnership with OpenAI yesterday — its stock spiked but later gave back most of the gains by the close.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":494846323581520,"tweetId":"494846323581520","gmtCreate":1761842897572,"gmtModify":1761843438716,"author":{"id":4099302906769020,"idStr":"4099302906769020","authorId":4099302906769020,"authorIdStr":"4099302906769020","name":"L.Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":16,"starInvestorFlag":false},"themes":[{"themeId":"04d15030daa2489b9d5565d4e93408c4","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"OpenAI Family Expanding: Is It A Blessing or A Curse?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":04d15030daa2489b9d5565d4e93408c4}&rnconfig={\"headerBarHidden\": true}","description":"OpenAI has been insanely busy lately — one moment it’s doing e-commerce, the next it’s getting into social, and now it’s even launching a browser. It announced plans to deploy 6GW of AMD Instinct GPUs. OpenAI went a step further and partnered with Broadcom to develop custom ASIC chips. Microsoft mainly provides OpenAI’s training compute, while Oracle handles inference workloads. Meanwhile, PayPal officially announced a partnership with OpenAI yesterday — its stock spiked but later gave back most of the gains by the close.","image":"https://community-static.tradeup.com/news/3f133bd42caedea33d09a41528ef8212"}],"images":[],"coverImages":[],"html":"<html><head></head><body>This is interesting... I've been seeing snarky comments about how OPENAI becoming for profit won't necessarily mean it would do an IPO,&nbsp; and *boom!* this news drops.\n \n They will have to open up their books to investors... that will reveal information about what goes on behind the curtain.\n\nI get the sick filling in my stomach that OPENAI might be worsening the bubble though. Considering how Chinese AI companies could catch up with inferior tech, it makes me seriously question if OPENAI would really be viable, and whether the bubble burst really wouldn't take them down (are they really too big to fail?). Feels a little like hubris.</body></html>","htmlText":"<html><head></head><body>This is interesting... I've been seeing snarky comments about how OPENAI becoming for profit won't necessarily mean it would do an IPO,&nbsp; and *boom!* this news drops.\n \n They will have to open up their books to investors... that will reveal information about what goes on behind the curtain.\n\nI get the sick filling in my stomach that OPENAI might be worsening the bubble though. Considering how Chinese AI companies could catch up with inferior tech, it makes me seriously question if OPENAI would really be viable, and whether the bubble burst really wouldn't take them down (are they really too big to fail?). Feels a little like hubris.</body></html>","text":"This is interesting... I've been seeing snarky comments about how OPENAI becoming for profit won't necessarily mean it would do an IPO, and *boom!* this news drops. They will have to open up their books to investors... that will reveal information about what goes on behind the curtain. I get the sick filling in my stomach that OPENAI might be worsening the bubble though. Considering how Chinese AI companies could catch up with inferior tech, it makes me seriously question if OPENAI would really be viable, and whether the bubble burst really wouldn't take them down (are they really too big to fail?). Feels a little like hubris.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/494846323581520","repostId":0,"isVote":1,"tweetType":1,"viewCount":661,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":527,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/494846323581520"}