AI OpenAI Its all ads? Bakwaas-free Reporting Half-Satire Half-Truth What are these tags even for?
The World is Ads
Here we go again, the tech press is having another AI doom cycle.
I've primarily written this as a response to an NYT analyst painting a completely unsubstantiated, baseless, speculative, outrageous, EGREGIOUS, preposterous "grim picture" on OpenAI going bust.
Mate come on. OpenAI is not dying, they're not running out of money. Yes, they're creating possibly the craziest circular economy and defying every economics law since Adam Smith published 'The Wealth of Nations'. $1T in commitments is genuinely insane. But I doubt they're looking to be acquired; honestly by who? you don't raise $40 BILLION at $260 BILLION VALUATION to get acquired. It's all for the $1T IPO.
But it seems that the pinnacle of human intelligence: the greatest, smartest, brightest minds have all come together to... build us another ad engine. What happened to superintelligence and AGI?
See if OpenAI was not a direct threat to the current ad giants would Google be advertising Gemini every chance they get? Don't forget they're also capitalising on their brand new high-intent ad funnel by launching ads on Gemini and AI overview.
Let's crunch the numbers.
Quick Recap of OpenAI's 2025
March: Closed $40B funding round at $260B valuation, the largest raise by a private tech company on record.
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