alt Hacker NewsDisagree, they need a lot of capital in the next couple years, and the more revenue they have today, the more data centers they can start building.
Also investors (particularly non-AGI-pilled) want to see revenue number go up, regardless of AGI. This juices the IPO.
If they need capital in the short term and were anywhere close to AGI, they could easily generate it, by spinning up their incredibly capable and intelligent agents to generate capital through doing useful work. They could also fire entire departments within their own org and replace them with agents, if they had something close to AGI.
Instead they are selling a dream to the gullible, and advertisements to go along with that dream.