Vito Chiaramonte
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vitocc2.bsky.social
Vito Chiaramonte
@vitocc2.bsky.social
160 followers 350 following 120 posts
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vitocc2.bsky.social
😂😂
December 15, 2025 at 7:53 PM
vitocc2.bsky.social
Idk how you all do it as deep as you are on everything, decided to skip most preview / prediction content so there's still a good level of anticipation for it all
June 4, 2025 at 1:34 PM
vitocc2.bsky.social
Nice den
June 4, 2025 at 1:28 PM
vitocc2.bsky.social
I'm going to click the link and scroll, but you and rand "predictions" are the worst 😂
May 28, 2025 at 11:38 AM
vitocc2.bsky.social
😂😂
May 16, 2025 at 12:58 PM
vitocc2.bsky.social
People have put hundreds of hours into it , God soeed
May 11, 2025 at 11:47 PM
vitocc2.bsky.social
Sorry Claire
May 11, 2025 at 6:09 PM
vitocc2.bsky.social
😂😂
May 7, 2025 at 12:24 PM
vitocc2.bsky.social
Got it makes sense, avoiding those huge service games is probably what I would do too.
May 6, 2025 at 4:21 PM
vitocc2.bsky.social
What game(s) did you think were too much out of curiosity? If you dnt mind
May 6, 2025 at 4:13 PM
vitocc2.bsky.social
Gl dude
May 5, 2025 at 1:06 PM
Reposted by Vito Chiaramonte
edzitron.com
OpenAI burns so much money that they need to raise at least $40 billion every year in perpetuity. Despite ChatGPT's ridiculous growth, it loses money on every single customer, which means even on projected revenues of $12.7bn they'll *still lose at least $14bn*.
www.wheresyoured.at/openai-is-a-...
To put that in context, OpenAI had revenues of $4bn in 2024. This deal values OpenAI at 75 times its revenue. That’s a bigger gulf than Tesla at its peak market cap — a company that was, in fact, worth more than all other legacy car manufacturers combined, despite making far less than them, and shipping a fraction of their vehicles. I also want to add that, as of writing this sentence, this money is yet to arrive. SoftBank's filings say that the money will arrive mid-April — and that SoftBank would be borrowing as much as $10 billion to finance the round, with the option to syndicate part of it to other investors. For the sake of argument, I'm going to assume this money actually arrives. Filings also suggest that "in certain circumstances" the second ($30 billion) tranche could arrive "in early 2026." This isn't great. It also seems that SoftBank's $10 billion commitment is contingent on getting a loan, "...financed through borrowings from Mizuho Bank, Ltd., among other financial institutions." OpenAI also revealed it now has 20 million paying subscribers and over 500 million weekly active users. If you're wondering why it doesn’t talk about monthly active users, it's because they'd likely be much higher than 500 million, which would reveal exactly how poorly OpenAI converts free ChatGPT users to paying ones, and how few people use ChatGPT in their day-to-day lives. The Information reported back in January that OpenAI was generating $25 million in revenue a month from its $200-a-month "Pro" subscribers (it still loses money on every one of them), suggesting around 125,000 ChatGPT Pro subscribers. Assuming the other 19,875,000 users are paying $20 a month, that puts its revenue at about $423 million a month, or about $5 billion a year, from ChatGPT subscriptions. Bloomberg reported recently that OpenAI expects its 2025 revenue to "triple" to $12.7 billion this year. Assuming a similar split of revenue to 2024, this would require OpenAI to nearly double its annualized subscription revenue from Q1 2025 (from $5 billion to around $9.27 billion) and nearly quadruple API revenue (from 2024's revenue of $1 billion, which includes Microsoft's 20% payment for access to OpenAI's models, to $3.43 billion). While these are messy numbers, it's unclear how OpenAI intends to pull this off. The Information reported in February that it planned to do so by making $3 billion a year selling "agents," with ChatGPT subscriptions ($7.9 billion) and API calls ($1.8 billion) making up the rest. This, of course, is utter bollocks. OpenAI's "agents" can't do even the simplest tasks, and three billion dollars of the $12.7 billion figure appears to be a commitment made by SoftBank to purchase OpenAI's tech for its various subsidiaries and business units. Let's say out the numbers precisely: Incoming monthly revenue: roughly $425 million, give or take. Theoretical revenue from Softbank: $250 million a month. However, I can find no proof that SoftBank has begun to make these payments or, indeed, that it intends to make them. Liquidity: $10 billion that it is yet to receive from SoftBank and a syndicate of investors including Microsoft, potentially. An indeterminate amount of remaining capital on the $4 billion credit facility provided by multiple banks back in October 2024, raised alongside a funding round that valued the company at $157 billion. As a note, this announcement stated that OpenAI had "access to over $10 billion in liquidity." Based on reports, OpenAI will not have access to the rest of its $40bn funding until "the end of the year," and it's unclear what part of the end of the year.
April 14, 2025 at 4:53 PM
vitocc2.bsky.social
Probably 6 if nothing gets reduced
April 8, 2025 at 10:26 PM