Mastodon Feed
jonny@neuromatch.social ("jonny (nonvenomous)") wrote:
"AI will be profitable because inference is cheap, its only the training that is expensive"
Well idk: https://www.wheresyoured.at/exclusive-openai-financials/
- Revenue: $13.07 billion
- Cost of Revenue: $7.5 billion
We don't really know how they calculate CoR, but it would be the part that includes inference costs. A 58% cost of revenue ratio is sort of um terrible for a company whose only product is inference. E.g. before AI, Facebook reports a ratio that's more like 15-20%, and google is around 40%, but they also include stuff like content acquisition costs e.g. fees paid to youtubers, and costs paid to make google the default search engine in phones and etc.