• buddascrayon@lemmy.world
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    2 months ago

    It’s in the first bloody paragraph. 😮‍💨

    OpenAI is begging the British Parliament to allow it to use copyrighted works because it’s supposedly “impossible” for the company to train its artificial intelligence models — and continue growing its multi-billion-dollar business — without them.

    And if you follow the link the title of the article says it all:

    #OpenAI is set to see its valuation at $80 billion—making it the third most valuable startup in the world

    • v_krishna@lemmy.ml
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      2 months ago

      I take it you don’t understand how startups work?

      OpenAI is not making any profit and is losing money hand over fist today. Valuation and raising investment rounds isn’t profit.