Microsoft’s $440 billion wipeout, and investors angry about OpenAI’s debt, explained | Fortune
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Microsoft’s stock has plummeted 12% owing to a slight miss on revenue, showing how spooked investors are by the “spend now, profit later” AI market.

The immediate catalyst, it seems, is an intensifying focus on capex, or capital expenditures. Microsoft revealed that its spending surged 66% to $37.5 billion in the latest quarter, even as growth in its Azure cloud business cooled slightly. Even more concerning to analysts, however, was a new disclosure that approximately 45% of the company’s $625 billion in remaining performance obligations (RPO)—a key measure of future cloud contracts—is tied directly to OpenAI, the company revealed after reporting earnings Wednesday afternoon. (Microsoft is both a major investor in and a provider of cloud-computing services to OpenAI.)

  • myserverisdownEnglish
    1·
    6 hours ago

    would you subscribe to get access?

    For the current quality of information? No. If the quality improves then maybe $5/mo. Purchase lifetime access with a guaranteed open source copy if they were to go bankrupt? Yeah. But for now, I get free access to ChatGPT for Teachers until like 2027.

    But even as of right now there’s plenty of open sourced AI models. I just don’t have the hardware to run complicated models efficiently. I don’t game on a PC so my current setup is just an Intel 14100 and 32GB of ram. So if OpenAI decides to inject ads or force subscription on me, I’ll just upgrade to a 14600F and get a 3060. Then its just a matter of deciding which open source LLM I like best.

    Well I’m the other side of the learning curve from you, I need detailed answers to complicated technical questions and AI fails to provide a correct answer 9 times out of 10 and worse is misleading in its answers with basic mistakes or out of date information which would trip up inexperienced users

    Sounds like you’re probably doing that for a job and in which case I would strongly advise against AI reliance for work tasks. At least not without training it on your personal work or technical knowledge.

    It’s only useful in giving me a direction to start, I still have to go to the likes of stack exchange and read and understand the primary sources it was trained on to get a useful answer and understanding.

    That’s best practice when using AI output for more technical projects anyway. It probably isn’t saving you much time because you’re already proficient. In my case, it saved months of work. I see it as a tool that lowers the barrier of entry to a ton hobbies or areas of knowledge.