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Charlie Stross
@cstross@wandering.shop  ·  activity timestamp 2 days ago

Bubble's gonna burst!

OpenAI generated US$4.3 billion in revenue in the first half of 2025, according to financial disclosures to shareholders.

The artificial intelligence firm reported a net loss of US$13.5 billion during the same period, with more than half attributed to the remeasurement of convertible interest rights.

Research and development expenses were its largest cost, totaling US$6.7 billion in the first half.

(OpenAI current valuation: $500Bn.)

https://www.techinasia.com/news/openais-revenue-rises-16-to-4-3b-in-h1-2025

Victor Forberger
@vforberger@fosstodon.org replied  ·  activity timestamp yesterday

@cstross

I'm not sure #SEC of last few decades would have ever investigated this kind of #Investment #capitalism. Company #Stock #buybacks have became a major #marketplace #engine without any real scrutiny.

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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 4 weeks ago

Absolutely in-fucking-sane

#RFKJr to link #Tylenol use in pregnancy to autism

Tylenol is the just about safest drug in the world

Health Secy RFKJr plans to announce that use of Kenvue's popular over-the-counter pain medication Tylenol in pregnant women is potentially linked to #autism, WSJ reported on Friday, citing people familiar with the matter, WITHOUT including #EVIDENCE for the claims.

#MassHysteria#ConspiracyTheories #disinformation#Trump #science #medicine
https://www.reuters.com/business/healthcare-pharmaceuticals/kennedy-hhs-link-use-tylenol-use-pregnancy-autism-wsj-reports-2025-09-05/

Nonilex
@Nonilex@masto.ai replied  ·  activity timestamp 4 weeks ago
#RFKJr, in a report, will also claim a medicine derived from #folate called folinic acid can be used to treat symptoms of #autism in some people, the WSJ reported. [guessing he owns #stock in whatever company makes it]

#Shares of #Kenvue fell 14% after the report [because people are crazy]. #Tylenol, whose active ingredient is #acetaminophen, is a very safe widely used pain reliever, including by pregnant women.

#MassHysteria#ConspiracyTheories #disinformation#Trump #science #medicine

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