Microsoft's multi-billion-dollar bet on OpenAI has received backlash from AI critics, claiming that the technology might be just a bubble waiting to burst. The controversial partnership has also raised concerns among investors, primarily due to a lack of a clear profitability path.
As you might know, a recent report suggested that OpenAI might have lost $11.5 billion chasing the AI hype, per Microsoft's financial report for the fiscal year ending June 30. It's still unclear whether OpenAI breaks even from its ChatGPT and LLM access fees revenue.
