Not good, seems like they are running out of cash and partners abandoning them. They had no real moat to be fair. Anthropic eating their lunch in enterprise and other players have cashflows from other businesses (XAI, Google)

▲ this_user 7 hours ago | parent | next [-]

They wasted their first mover advantage by focussing on what amounts to building toys for consumers like Sora instead of actually useful products that go beyond simple chat bots.

I think they are in serious trouble, especially with the size of their cash burn. Their planned IPO could easily turn out to be their WeWork moment where the bottom suddenly falls out on the valuation if they cannot make their operation look more like a real business before investors lose confidence.

	▲	coffeebeqn 4 minutes ago \| parent \| next [-]
		What happened to AI accelerated novel materials science and medicine? Meh let’s do TikTok slop instead ?
	▲	k3k3 6 hours ago \| parent \| prev [-]
		Agreed. They are pretty close to distress IMO. This cash-injection gets them to where, an IPO? I dunno, people might be spooked by then. Will be interesting to see.

▲ zhoujianfu 8 hours ago | parent | prev | next [-]

I had a sense things may be turning against them when my accountant asked me last week if I’d like to participate in their new round ($750B premoney) with no carry. How am I suddenly blessed with such exclusive access, at no cost?!

	▲	pjc50 33 minutes ago \| parent \| next [-]
		"Would you like to hold this bag for us, sir?"
	▲	brcmthrowaway 8 hours ago \| parent \| prev [-]
		Are you an accredited investor?

▲ TheOtherHobbes 8 hours ago | parent | prev | next [-]

Yes, I'm reading this as a sign of strategic failure and decline.

ChatGPT is an interesting product - I like it for certain things - but after last year's PR scramble almost all the news out of OpenAI is a disappointment, with hovering hints of retrenchment.

▲ dyauspitr 8 hours ago | parent [-]

I still like it as a general search engine and everyday LLM over Gemini. Maybe I’m just used to the style.

▲ apsurd 7 hours ago | parent | next [-]

agree it's becoming my new default search engine. But it is actively getting worse in a distasteful sense:

    Want to hear the one TRICK most people forget when doing X...?

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zeroonetwothree 7 hours ago | parent | next [-]

Yes, every response ends with that. Why did they set it up that way?

	▲	andoando 4 hours ago \| parent \| next [-]
		To try and get continued usage. They no doubt A/B tested the shit out of this and saw it gets higher responses
	▲	ngcazz 2 hours ago \| parent \| prev [-]
		It's quite transparently a trick to prolong engagement with the app, just as pretty much any internet product which aims to maximize the LTV extracted from the user base.

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Saline9515 7 hours ago | parent | prev | next [-]

I would suggest to edit the default prompt to tell it to avoid engagement bait.

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dyauspitr 3 hours ago | parent | prev [-]

Honestly, it’s bait phrased but I’ve learnt a fair bit from those and end up learning a lot more from the session overall.

▲ samrus 7 hours ago | parent | prev [-]

I far prefer perplexity for that. The fact that it always cites its sources is great. And it has a search bar widget for android, and search bar integration for firefox so its pretty easy to use.

▲ SecretDreams 7 hours ago | parent | prev [-]

> XAI

Kind of insulting to lump google in with XAI? Like, is anyone even using XAI other than backwater government agencies?

	▲	Shank 2 hours ago \| parent \| next [-]
		> Like, is anyone even using XAI other than backwater government agencies? xAI doesn't have "content moderation" around adult content, so that usage is quite popular.
	▲	small_model an hour ago \| parent \| prev [-]
		Yep I use Grok and Claude mainly, Grok is integrated into x.com and Teslas so so potentially hundreds of millions of people.