Simon H
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simonbim.bsky.social
Simon H
@simonbim.bsky.social
600 followers 1.4K following 80 posts
UKRI / InnovateUK Digital & Tech wrangler @InnovateUK usually found nr Westminster searching for ££££. Personal views.
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Reposted by Simon H
antfu.me
My first advice to junior contributors is to STOP using vibe coding for PRs. OSS is always about people more than about code. We don't need more code generated by LLM, we need more people who care.
November 10, 2025 at 11:47 AM
Reposted by Simon H
edzitron.com
Reports say that OpenAI will need to raise another $70bn in 2027.

Based on my calculations, I believe OpenAI needs to raise $100bn in 2026 just to handle its rate of spending, and potentially more based on $1.4tr+ in deals it has agreed to.

What a mess.
www.wheresyoured.at/where-is-ope...
OpenAI Will Need To Raise Over $100bn In 2026 To Survive At Its Current Rate Of Spend The Information recently reported that OpenAI would raise $90bn in 2027, and I don’t believe this company can make it to July 2026 without raising at least another $30bn, especially because it now has the burden of its deal with Amazon Web Services, on top of CoreWeave, on top of Microsoft, on top of Google, and on top of Oracle via Stargate Abilene. As discussed previously, these amounts work out to around $11bn a month by the year 2027, a year when this company believes it will make $60bn in revenue. I do not see how it is possible in OpenAi’s current state to handle any of these costs, even with the supposed $20bn arriving in December from SoftBank. In its H1 2025 form — with effectively a single vendor compute contract at a discounted rate and little capital expenditure burn (as OpenAI’s partners shoulder the entirety of those costs) — OpenAI is on course to burn far in excess of the supposed $8bn or $9bn that it has leaked to the press. One day, I imagine we’ll find out what it is that’s really going on at OpenAI. And when we do, I’ll be taking detailed notes on those who doubted me.
November 7, 2025 at 5:35 PM
Reposted by Simon H
edzitron.com
Based on my analysis, OpenAI burned $19 billion of their $28.6 billion in cash from 2023 through 1H2025, meaning there's at least $4.1 billion in cash unaccounted for, as my analysis includes *ALL* reported costs that OpenAI has incurred. Where is the money?
www.wheresyoured.at/where-is-ope...
OpenAI Burned An Estimated $19bn In Cash Between 2023 and H1 2025 — Where Did It Go? OpenAI had $9.6bn in cash at the end of June. So, Microsoft’s funding in 2023 was $2bn in cash (and $8bn in credits, but I’m not counting those), add in the $6.6bn of cash from 2024 (i’m not including the line of credit, as that would be a “cash equivalent), $10bn from SoftBank and other investors in June 2025, and we assume $2bn in revenue in 2023, $3.7bn in revenue in 2024, and $4.3bn in the first half of 2025 (for a total of $28.6bn in cash), this means that OpenAI burned $19bn in cash from the beginning of 2023 through the end of June 2025. Yet the reported losses are much smaller. For the sake of argument, I’m also going to leave OpenAI’s $4bn line of credit out of the calculation. In 2024, OpenAI allegedly burned $5bn. Through H1 2025, it had a “net loss” of $13.5bn but an “operating loss” of $6.7bn, and the painfully-worded accounting leaked to The Information is done in such a way as to make it unclear how much of that is cash, with the hopes that you believe it’s not cash burn. $19bn in burned cash doesn’t make sense based on any reported numbers. Even if we assume OpenAI burned $2bn in cash in 2023, $5bn in cash in 2024 and $6.7bn in cash in H1 2025, that's $13.7 billion in burn - yet OpenAI has only $9.6 billion in cash at the end of H1 2025. That's a $4.1 billion difference in burnrate. $4.1 billion is a pretty big number. That's a $4.1 billion difference in burnrate. $4.1 billion is a pretty big number. I guess there could be prepayments as part of its deals with Broadcom or CoreWeave, but even then, The Information had another tidbit: OpenAI also recorded around $670 million of equity it gave to unnamed entities for providing the company with servers in the first half of 2025, compared to $1 billion in such equity compensation last year. While it’s not clear which cloud provider or providers received the equity, the decision could help OpenAI minimize its cash burn as it projected it would spend $16 billion to rent servers this year. So, on top of paying cash for compute, OpenAI has also been paying for it in stock. If OpenAI “burned” $5bn in 2024, and had an “operating loss” of $6.7bn, how did it end up with $9.6bn in cash at the end of June? With the revenue it’s (apparently) making, OpenAI should have significantly more cash than it has. Unless, of course, what has been leaked isn’t reflective of OpenAI’s actual cash position.
November 7, 2025 at 5:35 PM
Reposted by Simon H
doublepulsar.com
Also every single one was already detected by out of the box, day 0, with YARA rules from Florian and friends.

All GenAI does is spit out more of the same - it's an infinite nonsense machine. And the industry is already very good at detecting that.
November 5, 2025 at 4:20 PM
simonbim.bsky.social
I saw this idea as a sh*tpost on Reddit a few weeks ago. I wonder if he’s been on there looking for ideas?
October 31, 2025 at 8:20 AM
Reposted by Simon H
lauraphillips.bsky.social
Fraser Nelson: "London murders have fallen to 89 in the last 12 months.
The lowest rate on record."
Fraser Nelson: "London murders have fallen to 89 in the last 12 months. The lowest rate on record."
October 15, 2025 at 10:14 AM