Michael Burry, famed for "The Big Short," warns OpenAI is on track for a Netscape-style collapse, citing rapid cash burn and questioning the AI sector's mega-IPO ambitions.
#YonhapInfomax #MichaelBurry #OpenAI #Netscape #CashBurn #MegaIPO #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=94498
“Swiggy introduces Rs 2 platform fee per order to boost revenue and cut costs” - mindvoice

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mindvoice - the news from healthy mind

#CashBurn fortsetter uhemmet på #BirdSite, og kreditorer får ikke penger.

Nå begynner det å komme søksmål på krav på en million dollar! Foruten å ikke betale lisensen til Slack, og andre helt absurde ting som forfaller.

Blir spennende å se hvor lenge dette kan fortsette. Musk kunne jo like gjerne kjøpt en grill og bare begynt å brenne penger på den...

https://borsen.dagbladet.no/studio/borsenstudio/608?post=125270

Børsenstudio - Betaler ikke regningene

Siste nytt fra Børsen: Twitter er blitt saksøkt minst seks ganger for ikke å ha betalt regningene sine etter at de ble kjøpt av verdens nest rikeste mann, Elon Musk. Det s...

borsen.dagbladet.no

Why should cash have all the fun! After #Cashburn #DigitalPayment startups take up #QRBurn - in a literal sense
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RT @PriyankaIyer
🔥#PhonePe vs #Paytm has gone a step further. PhonePe has alleged that 3 Paytm employees burnt its QR codes. The company has approached police authorities. Paytm has suspended the employees, pending investigation.

@PhonePe @Paytm

https://bit.ly/3oL0LPe
https://twitter.com/PriyankaIyer/status/1554090709069676544

PhonePe alleges mass burning of QR codes by Paytm staff, files police complaint

A Paytm spokesperson said that the employees involved in the burning of the QR codes have been suspended by the company, pending investigation.

Moneycontrol