Re:OpenAI Is Preparing to File for an IPO Soon
by maerF0x0 on Thursday May 21, 2026 @03:38PM
(#48227929)
They don't need to profit when they have a government backstop and a nationstate strategy in place. China beating America in AI isn't just about who gets to generate the images/videos of cats.
[ Parent
| on HN ]
They don’t have the government as backstop, deepseek is a very successful quant and benefits from less extraction on power and GPUs just like american companies benefit from fossil subsidies