I don't know either way but every company does this, it's not saying anything meaningful to say that a new company is taking an "investment year" or two or ten.

I do know that in the late aughts, people were writing stories about how Amazon was a charity run on behalf of the American consumer by the finance industry.

and those stories were in the short run correct, since Amazon and Uber succeeded by massively undercutting existing businesses. reel customers in with charity, then turn the screws. what business is ChatGPT undercutting?