eicker@lemmy.world to Technology@lemmy.worldEnglish · 6 days agoAI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.futurism.comexternal-linkmessage-square129linkfedilinkarrow-up1693arrow-down115
arrow-up1678arrow-down1external-linkAI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.futurism.comeicker@lemmy.world to Technology@lemmy.worldEnglish · 6 days agomessage-square129linkfedilink
minus-squareskibidi@lemmy.worldlinkfedilinkEnglisharrow-up12·5 days ago50B is annualized revenue, accrued revenue will be almost certainly be quite a bit lower this year. Tech companies love reporting ARR because it is always bigger than GAAP revenue (if the business is growing at all).
50B is annualized revenue, accrued revenue will be almost certainly be quite a bit lower this year.
Tech companies love reporting ARR because it is always bigger than GAAP revenue (if the business is growing at all).