Re:OpenAI Completes Deal That Values Company at $157B
by paxys on Wednesday October 02, 2024 @07:14PM
(#41725793)
Yeah because no company that attracted funding from lots of top VCs has ever failed...
How is A16Z's massive crypto fund doing again? And what about Softbank's other big bets?
Re:OpenAI Completes Deal That Values Company at $157B
by fakedang on Wednesday October 02, 2024 @06:27PM
(#41725526)
Thing is, when I go onto Google, I know I'm using Google. When my employees use the internal functions chatbot at my company (we're small but it's an enterprise use case), they don't know whether it's OpenAI or Claude under the hood. Nor do they care honestly.
Re:OpenAI Completes Deal That Values Company at $157B
by tempusalaria on Thursday October 03, 2024 @10:24AM
(#41731095)
From an API point of view (I.e. developer/corporate usage), I am quite sure that OpenAI is lower usage than Gemini now, and Anthropic API revenue is like 60% of OpenAI based on recent reporting. OpenAI is definitely not dominant in this area.
The aspect of corporate usage where OpenAI seems to be ahead is in direct enterprise subscriptions to ChatGPT.
You can say exactly the same about Google and Bing (or any other search engines), yet Google search is still dominant. Execution, market perception, brand recognition, momentum are also important factors, not to mention talent and funding.
Not everyone who wants to invest, can invest in this round. You may bet the investors are wrong, but they put money where their mouth is. Microsoft participate, even though they already invested $13b.