...and might be losing money from each of those: https://www.neowin.net/news/microsoft-reportedly-is-losing-lots-of-money-per-user-on-github-copilot/
this post was submitted on 26 Oct 2023
0 points (NaN% liked)
Technology
59099 readers
3195 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
That's not such a big deal. Their objective is to get people hooked on the system. After that, they'll jack up the price. Microsoft can easily afford to lose money for several years in pursuit of that target.
(One way this plan could fall through is if LLM tech progresses to the extent that free and open source copilots, run locally, can give result that are just as good.)
One way this plan could fall through is if LLM tech progresses to the extent that free and open source copilots, run locally, can give result that are just as good.
MS might be in trouble then.
Performance is not great but apparently it’s not optimized at all as of right now.
That seems so weird when you think about the pricing for openai API. It feels at least an order of magnitude cheaper than using chatgpt plus subscription, which in turn is $20/month. If Copilot is losing money, openai must be burning money by truckloads.
Openai is losing money. I'm too lazy to find the article, but it is mindblowing how much they're losing
Edit: nvm, I found it https://medium.com/illumination/openai-lost-540m-in-2022-needs-100b-to-developing-artificial-generative-intelligence-20126721cd13
It sure is, what would make you think otherwise? It has enough VC money to burn