I'm Not Convinced the AI Bubble Exists

Re:I'm Not Convinced the AI Bubble Exists by hnarn on Monday November 09, 2026 @05:48AM (#50423834)

What are you talking about? OpenAI is losing money, projected a $14B loss for 2026 and is themselves not expecting profit until 2029-30. xAI is losing money, about 3B.

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Re:I'm Not Convinced the AI Bubble Exists by user43928 on Monday November 09, 2026 @05:58AM (#50423922)

Granted, maybe I extrapolated Anthropic's profitable operating result to other companies where it's not yet looking so good.

I believe your $14B OpenAI number is from 2025 though.

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Re:I'm Not Convinced the AI Bubble Exists by techpression on Monday November 09, 2026 @06:37AM (#50424209)

Where do you get the idea that Anthropic is profitable from? Is this another one of those “if we remove everything that is a cost, then revenue means profit”-scenarios?

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Re:I'm Not Convinced the AI Bubble Exists by passwordoops on Monday November 09, 2026 @07:08AM (#50424490)

Anyone who counts cost as part of their P&L shouldn't be allowed to make decisions! /s

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Re:I'm Not Convinced the AI Bubble Exists by drillsteps5 on Monday November 09, 2026 @11:12AM (#50427533)

I believe the technical term is EBBT (Earnings Before Bad Things).

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Re:I'm Not Convinced the AI Bubble Exists by mrguyorama on Monday November 09, 2026 @02:24PM (#50430399)

If you ignore equipment and labor, gold mines are pure profit.

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