zlacker

>>davidb+(OP)
Pure speculation and just trying to connect dots... I wonder if they realized they are losing a lot of money on ChatGPT Plus subscriptions. Sam tweeted about pausing sign-ups just a few days ago: https://twitter.com/sama/status/1724626002595471740

Lots more signups recently + OpenAI losing $X for each user = Accelerating losses the board wasn't aware of ?

>>nickle+nh
No way OpenAI cares meaningfully about losses right now. They're literally the hottest company in tech, they can get stupendous amounts of capital on incredible terms, and the only thing they should care about is growth/getting more users/user feedback.

>>ketzo+3m
> they can get stupendous amounts of capital on incredible terms,

This may be the problem: at some level OpenAI is still a non-profit, and the more capital they accept, the more they're obligated to produce profits for investors?

Perhaps Sam was gleefully burning cash with the intention of forcing the Board to approve additional funding rounds that they had explicitly forbidden, and when they discovered that this was going on they were apoplectic?

>>nwiswe+ip
This sounds plausible. The timing seems sudden and there was chatter in the last few days about OpenAI needing to raise more money.