Technically they are not profitable

nonprofitable ex-non-profit seeks profit via AGI (A Giant IPO)?

This comment deserves praise

by this definition, we may be on track for AGI 2027 after all

I understand what you're saying, but strictly speaking is it fair to say they aren't profitable? Didn't they along with other participants of LLM-race invest heavily into the infrastructure and the said infra wasn't yet delivered.

My understanding is that it's unreasonable to claim a hotel isn't profitable when they're still on the building stage.

I do understand that we don't have enough energy to turn it on when all of them are delivered, but that's a separate issue.

e: gah. Answered to the wrong post. Sorry.

This has less to do with their balance sheet and more to do with the intent of the organization when it was founded. They were supposed to create open-source AI models and only let revenues influence the direction of the organization so much when weighed against the public good.

... but they did it in a place and culture filled with people who would probably sell their own mothers into slavery if they were allowed to provided it increased the valuation of their startup, so here we are.

> they're still on the building stage

Eh... what's left to build? Actual AI?

> My understanding is that it's unreasonable to claim a hotel isn't profitable when they're still on the building stage.

It's not unreasonable at all, it's a honest description of the hotel's current situation. Would you call it profitable?

If a hotel stays on the building stage for half a decade, getting a loan after another to pay for that, that unprofitability is acutely relevant.

“For-Profit ClosedAI” would work too

For-Profit Non-Profitable Closed-AI company called OpenAI

An unprofitable non-profit.

Un-profit for short.

No because they are not a non-profit since 2025.