alt Hacker NewsSmart move. No clear path to growing meaningful revenue mixed with very expensive inference costs is not a good mix ahead of an IPO --- oh and not to mention competitors in TikTok and Instagram that are doing just fine.
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miltonlost • yesterday at 10:21 PM
Is it a smart move? Or just plainly obvious when Sora was probably hemorraghing money and had no future? A smarter move would have not to make this horrible product that no one wanted in the first place
After placing my hand on the red-hot stove, aren't I super smart for now removing my hand?
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Well, now they're no longer even close to being the leader in image & video gen. They aren't the leader in coding. They are losing market share in the chatbot domain too.
So I agree with you, but also it makes me wonder what they're even selling when the IPO happens (supposedly as early as late summer 2026)? Data centers? Partnerships with the goverment?