OpenAI makes shocking move amid fierce competition, Microsoft problems

Posted under: AI technologies
Date: 2025-06-23
OpenAI's Shocking Move Amid Fierce Competition | Justo Global

OpenAI's CEO Sam Altman reveals the company is phasing out its collaboration with Scale AI following Meta’s aggressive $15 billion investment in the firm. Despite attempts to lure OpenAI staff with $100 million bonuses, Altman noted, “None of our best people have decided to take them up on that.” OpenAI faces significant financial challenges, projected to lose $5 billion in 2024 and an uncertain path to profitability until 2029, prompting major market implications.

Read more at: www.thestreet.com

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OpenAI makes shocking move amid fierce competition, Microsoft problems

Posted under: AI technologies
Date: 2025-06-23
OpenAI's Shocking Move Amid Fierce Competition | Justo Global

OpenAI's CEO Sam Altman reveals the company is phasing out its collaboration with Scale AI following Meta’s aggressive $15 billion investment in the firm. Despite attempts to lure OpenAI staff with $100 million bonuses, Altman noted, “None of our best people have decided to take them up on that.” OpenAI faces significant financial challenges, projected to lose $5 billion in 2024 and an uncertain path to profitability until 2029, prompting major market implications.

Read more at: www.thestreet.com
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