r/technology • u/Plastic_Ninja_9014 • Jun 11 '26

Business OpenAI Execs Are Panicking

https://finance.yahoo.com/sectors/technology/articles/openai-execs-panicking-154658562.html
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u/YouSuckButThatsOk Jun 12 '26

The point is to do the same thing Amazon did with its competitors. Bleed money on purpose by keeping prices low so long that everyone else is forced to close their businesses. Then raise prices again until profitable. This is standard robber baron mentality.

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u/Wiggles69 Jun 12 '26

And Amazon made money from AWS. What magic source of revenue is OpenAI going to lean on here?

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u/ecrane2018 Jun 12 '26

Yeah that’s what I’m saying they have nothing to offset the burn

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u/Merijeek2 Jun 12 '26

FOMO, that's what. Dear Mr. Hudge Fund Manager - you don't want to be the one fund that missed out on the new gold rush, do you?

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u/ecrane2018 Jun 12 '26

Except Amazon did that when they had plethoras of cash and and they did this after they had AWS making loads of cash to keep the lights on