A top post on this sub today is an article claiming that openai has slashed spending from 1.4 trillion to 600 billion. But that 1.4 trillion is by 2034. Here is the tweet, end of 2025, saying 1.4 trillion over the next 8 years. Hence, end of 2033 to 2034 depending on in which fiscal year the timer starts: https://x.com/sama/status/1986514377470845007
And reading that post, not one person is pointing this out. So I felt I had to share.
The post in question: https://www.reddit.com/r/wallstreetbets/comments/1rd3460/openai_cuts_spending_plan_to_600b_from_14t/
I feel like mods should remove things that are so obviously false and click-bait. But maybe that's the whole point of this sub?
OpenAI did not slash spending from 1.4 trillion to 600 billion. They stated 600 billion by 2030, 1.4 trillion over the next 8 years
byu/Longjumping_Kale3013 inwallstreetbets
Posted by Longjumping_Kale3013
6 Comments
Do you expect any of being able to read things correctly?
Up or down bag man.
Puts it is.
Man, I just want this company to pop and tank the entire world economy already, I’m sick of waiting
The AI picks and shovels stock are not moving that much today, so the market is telling me that you are right.
Sam Altman is that you?? Out here beating the bushes, get an intern to do this stuff man.
Why not 14 trillion? Is this spending for ants??