@MCasq_qsaCJ_234@lemmy.zip to Technology@lemmy.worldEnglish • 12 days agoOpenAI's annualized revenue hits $10 billion, up from $5.5 billion in December 2024www.reuters.commessage-square18fedilinkarrow-up153arrow-down15
arrow-up148arrow-down1external-linkOpenAI's annualized revenue hits $10 billion, up from $5.5 billion in December 2024www.reuters.com@MCasq_qsaCJ_234@lemmy.zip to Technology@lemmy.worldEnglish • 12 days agomessage-square18fedilink
minus-square@MrJgyFly@lemmy.worldlinkfedilinkEnglish34•12 days agoThey love pointing out their revenue instead of their profit. It they were truly making money, you’d think they’d refer to their profit instead.
minus-square@anus@lemmy.worldlinkfedilinkEnglish6•11 days agoRevenue is a standard unit of measurement for any venture backed business because it gauges interest and growth better than profit does
minus-square@MrJgyFly@lemmy.worldlinkfedilinkEnglish1•7 days agoDoes that run the risk of leading to a future collapse of certain businesses, especially if their expenses remain consistently astronomical like OpenAI? Please note I don’t actually know—not trying to be cheeky with this question. Genuinely curious.
They love pointing out their revenue instead of their profit. It they were truly making money, you’d think they’d refer to their profit instead.
Revenue is a standard unit of measurement for any venture backed business because it gauges interest and growth better than profit does
Does that run the risk of leading to a future collapse of certain businesses, especially if their expenses remain consistently astronomical like OpenAI? Please note I don’t actually know—not trying to be cheeky with this question. Genuinely curious.