Re:OpenAI and Microsoft extend partnership
by brookst on Monday January 23, 2023 @11:24AM
(#34490856)
Market cap is not a measure of past profits.
[ Parent
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or future?
Re:OpenAI and Microsoft extend partnership
by brookst on Monday January 23, 2023 @11:42PM
(#34499377)
Well, it’s a consensus estimate of NPV of future profits. People can be wrong, and often are, but that’s what stock prices bet on.
But OpenAI could hit the profit cap without having a particularly high market cap.