• some_guy@lemmy.sdf.org
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    1 year ago

    The difference is that the VC bubble has mostly ended. There isn’t “free money” to keep throwing at a problem post-pan. That’s why there’s an increased focus on Uber (and others) making a profit.

    • FlumPHP@programming.dev
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      1 year ago

      In this case, Microsoft owns 49% of OpenAI, so they’re the ones subsidizing it. They can also offer at-cost hosting and in-roads into enterprise sales. Probably a better deal at this point than VC cash.

    • yiliu@informis.land
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      1 year ago

      This is what caused spez at Reddit and Musk at Twitter to go into desperation mode and start flipping tables over. Their investors are starting to want results now, not sometime in the distant future.

    • voluble@lemmy.world
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      1 year ago

      I don’t know anything about anything, but part of me suspects that lots of good funding is still out there, it’s just being used more quietly and more scrupulously, & not being thrown at the first microdosing tech wanker with a great elevator pitch on how they’re going to make “the Tesla of dental floss”.